# Liquid Network frozen after $320M Bitcoin peg-out — and the whitehat won’t return it until every node is patched

Blockchain security firm Bitslab points to one figure worth dwelling on: at least 11 of Liquid's 15 functionaries put their signatures on the transaction. No key was stolen, in other words. Eleven separate signers reviewed the same withdrawal, and every one of them approved it. What followed was an

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| Published | 7 September 2026 |

Source: https://egamers.io/liquid-network-frozen-after-320m-bitcoin-peg-out-and-the-whitehat-wont-return-it-until-every-node-is-patched/