The hackers who previously stole 4,000 BTC ($320 million) from Liquid Network have returned 3,400 BTC ($272 million) to a network wallet. The transfer was confirmed by an on-chain transaction for 3,400 BTC. However, the attackers are still holding onto 600 BTC ($48 million).

What Went Down

Out of the 4,000 BTC ($320 million) that was swiped, 3,400 BTC ($272 million) has been sent back to a Liquid Network wallet. The remaining 600 BTC ($48 million) hasn't been returned yet and is still in the hackers' hands.

On-Chain Proof

The return is locked in on the blockchain: the 3,400 BTC transaction confirms the funds landed back in the Liquid Network wallet.

Why It Matters

This partial return limits the overall damage to the Liquid Network ecosystem and once again shows how easy it is to track big BTC moves on-chain. Still, with 600 BTC ($48 million) in the hackers' control, there's plenty of uncertainty left.