Blockstream says it will not pay ransom over stolen BTC from Liquid Network

Blockstream said it will not pay the ransom demanded in exchange for the return of BTC stolen from the Liquid Network. The company said taking assets without authorization and refusing to return them is a crime, not a white-hat activity, and stressed it will not set a precedent in which open-source software developers pay excessive ransoms to recover stolen assets. Blockstream added that if the stolen BTC is not returned, it will work with law enforcement agencies, exchanges and forensic experts to trace and recover the assets and use all legal means to identify those responsible. Earlier, the attacker behind the Liquid Network hack returned only 3,400 BTC and refused to return the rest, claiming the remaining amount qualified as a white-hat reward.