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breaches incidents
‘White hat’ hackers take $47 million bounty after $320 million crypto theft
Hackers who stole $320 million from the Liquid Network crypto platform returned most of the stolen funds following public negotiations, retaining approximately $47 million. The partial recovery represents a negotiated resolution between the attackers and platform operators.
Why it matters: Crypto platform operators and security teams need to understand that large-scale theft incidents may be partially recoverable through negotiation, but complete fund recovery is not guaranteed, leaving organizations exposed to residual loss.
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