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Liquid Network Reports Withdrawal of About 4,000 Bitcoin from Federation Reserves

Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet backing L-BTC. Bridge nodes were disabled and the sidechain paused, Bitcoin Magazine reported.

Bitcoin Magazine 2026-09-06 22:16 4 unique views

Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that supports L-BTC, according to Bitcoin Magazine. The network’s bridge nodes have been disabled, and the sidechain is currently paused. The federation wallet is used to back bitcoin represented on Liquid as L-BTC. The report does not provide further details on the alleged withdrawal or identify the individuals involved. The incident places attention on the reserves supporting the Liquid Network and its ability to process activity while bridge operations remain disabled. Bitcoin Magazine published the report on September 6, 2026, attributing the information to Liquid Network. The withdrawal concerns bitcoin held in federation reserves rather than a stated movement of BTC on the broader Bitcoin network.

Source Bitcoin Magazine This is an original Moneyiar brief based on the cited source.

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