High Alert

Blockstream Refuses Ransom for Return of $47M in Bitcoin from Liquid Hack: 'It Is Theft'

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Decrypt
Blockstream Refuses Ransom for Return of $47M in Bitcoin from Liquid Hack: 'It Is Theft'WorldPing
Image via Decrypt.

What happened

With 598.5 BTC still outstanding, the company says it will go to law enforcement should the funds not be returned.

Key facts

  • With 598.5 BTC still outstanding, the company says it will go to law enforcement should the funds not be returned.
  • Reported by Decrypt and published Fri, 11 Sep 2026 14:17:38 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC

  2. Crypto institutions are chasing a 3% return on Bitcoin, but the entire payout machine collapses if miners stop burning cash

  3. ‘Return the bitcoin’: Blockstream refuses ransom demand for remaining 600 BTC from Liquid exploit

  4. Your Bitcoin trade can now get liquidated because a stock crashed

  5. Blockstream Refuses Ransom for Return of $47M in Bitcoin from Liquid Hack: 'It Is Theft'

  6. ‘Return the Bitcoin’: Blockstream Draws Line After 4,000 BTC Hack

  7. CPI and PPI climb, crushing hopes for cheap money and leaving Bitcoin traders with an expensive dilemma

Sources

The original report was published by Decrypt. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Decrypt

Follow the story

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Brief by WorldPing · Original reporting by CryptoSlate