Inside the $320M Liquid Network Exploit That Shocked Crypto

When nearly 4,000 bitcoins vanished from a federated reserve in a single transaction, the crypto world braced for impact. The high-profile Liquid Network exploit saw an unauthorized withdrawal of 3,996 BTC—worth roughly $320 million—leaving engineers scrambling and observers stunned.Yet this was no classic heist of stolen private keys. The Bitcoin mainnet remained completely untouched, and the eleven signatories safeguarding Liquid’s multisignature setup were never breached or