Ledger CTO: 4,000 BTC Moved Out of Liquid Bridge; "Whitehat" Note Sparks Skepticism
AI Market Summary
Ledger's CTO reported ~4,000 BTC pegged out of the Liquid bridge with an OP_RETURN claiming "whitehats" and requesting on-chain contact, casting doubt on benign intent. The comparison to Ronin's validator-key compromise and the Euler-style "let's talk" framing heighten concerns about bridge and validator security. Blockstream's on-chain request to contact its security team signals an active incident response and near-term risk-off sentiment around wrapped/bridged BTC.
Impact level
● Medium
Affected assets
BTC/USDT+0.13%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Ledger CTO Charles Guillemet said roughly 4,000 BTC have been pegged out of the Liquid bridge, accompanied by an OP_RETURN message reading, "we are whitehats. contact us on chain." Guillemet questioned the "whitehat" claim, arguing that genuine security researchers do not drain a bridge and then ask to be contacted onchain.
He said the episode recalls the Ronin hack, where attackers obtained validator keys and stole about $625 million. He also noted that the "let's talk" tone resembles the Euler exploit aftermath, when the attacker entered negotiations to return funds.
Blockstream has replied onchain, requesting the party reach out to its security team.
