Blockstream refuses to pay ransom for 4,000 bitcoins stolen from its protocol Liquid Network.

BlockBeats news, September 11: Blockstream tweeted that it will not pay a ransom for the return of stolen Bitcoin from the Liquid Network, and stated that obtaining assets without authorization and refusing to return them constitutes theft, not responsible disclosure or white hat behavior.

Blockstream stated that if the stolen funds are not returned, it will cooperate with law enforcement agencies, exchanges, service providers, and forensic experts to track, recover the assets, and identify those responsible through all legal means, while emphasizing that Bitcoin transactions are transparent and the relevant evidence will not disappear.

Blockstream is the primary developer and technology provider of the Liquid Network. On September 7, the Liquid Network said it "had approximately 4,000 BTC withdrawn by a white hat hacker," and the sidechain was subsequently suspended.