Liquid’s last official note is still Sunday’s pause. The coins came back Monday. The network did not. The remaining 598.5 BTC is now the whole story.

Nearly 4,000 BTC reportedly left Liquid’s federation wallet as an onchain message claimed, “we are whitehats.”

Liquid pauses its network after roughly 4,000 BTC worth $320M is withdrawn from the federation wallet in a security incident.