~4,000 BTC drained from Liquid Network; commenter bets a frontier AI model was used
marcvanderchijs · x · 2026-09-07
4,000 BTC — about 95% of all BTC pegged on the Bitcoin sidechain Liquid Network — were siphoned, and the network has been halted since 9am EST. The attacker consolidated funds into a holding address with the on-chain message "we are whitehats. contact us on chain." Galaxy Research reported the incident; Marc van der Chijs argues such an attack likely leveraged a frontier AI model to find and exploit vulnerabilities, warning all financial institutions including crypto exchanges that this is only the beginning.
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