Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC

Blockstream has rejected paying a ransom to hackers who hold nearly 600 BTC linked to the Liquid platform, Cointelegraph reported on Sept. 11, 2026. The company said it would instead pursue recovery efforts if the hackers do not return the Bitcoin. Blockstream plans to coordinate with law enforcement, cryptocurrency exchanges and forensic specialists as part of that response. The disclosure places Bitcoin at the center of the incident, with the affected amount approaching 600 BTC. No further details about the hackers, the ransom demand or the recovery process were provided in the available report. Market participants can therefore track developments through any updates from Blockstream or the other groups it identified as potential partners in recovering the funds.