Liquid Network suffers $320 million Bitcoin drain, with partial return reported

First seen: Sep 9, 2026, 11:17 PM UTCUpdated: Sep 10, 2026, 9:32 AM UTC

WHAT HAPPENED

Liquid Network reportedly experienced a Bitcoin drain worth about $320 million. Some funds were partially returned, while questions remain about the incident.

SO WHAT?

A loss of this scale could undermine confidence in crypto custody and cross-chain financial infrastructure.

FOR ME

Impact on Switzerland

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MARKETS

Market impact

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COVERAGE

Reports behind this event

aol.comen

'White Hat' Liquid Network Crypto Hackers Are Now Grandstanding and Demanding a 10% Bounty

Sep 10, 2026, 9:32 AM UTC

gizmodo.comen

'White Hat' Liquid Network Crypto Hackers Are Now Grandstanding and Demanding a 10% Bounty

Sep 10, 2026, 9:16 AM UTC

webpronews.comen

Liquid Network's $320 Million Bitcoin Drain Ends With Partial Return and Lingering Questions

Sep 9, 2026, 11:17 PM UTC