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White hats remove majority of Bitcoin from Liquid network bridge, Steven Lubka notes

White hats remove majority of Bitcoin from Liquid network bridge, Steven Lubka notes
White hats seize Bitcoin on Liquid bridge

Steven Lubka reports that individuals described as white hats have taken almost all of the Bitcoin from the Liquid network bridge.

This comment highlights a significant movement of assets on the blockchain platform, with most Bitcoin reportedly controlled by these actors.

Lubka has previously questioned whether instruments like equity, debt, and derivatives would persist if the financial system adopted a full Bitcoin standard. He has also rated the Bitcoin community with a B+, noting it was close to an A. These prior observations give context to his coverage of asset movements on Bitcoin-linked platforms.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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