Liquid Network hack: Software vulnerability leads to loss of nearly 4,000 BTC

An Elements software vulnerability allowed an attacker to drain approximately 4,000 BTC from the Liquid Network. The attacker, claiming to be a 'white hat,' demanded that Blockstream fix the vulnerability before returning the funds. While 3,400 BTC have been recovered, approximately 598.5 BTC remain with the attacker, sparking industry debate over white hat disclosure practices.