Liquid Network reported a security breach where attackers stole approximately 4,000 BTC from the company's federated wallet. The wallet previously held 4,200 BTC at the time of the attack.
The stolen assets, valued at approximately $320 million, were moved through the SideSwap settlement platform, which is authorized to perform network transfers. The company stated that the key used during the attack was not compromised.
Liquid Network is currently working on resolving the issue after the attack disrupted network operations. The company has apologized to customers whose wallets were affected by the incident.






