You should never hold Bitcoin on a sidechain

The Liquid Network exploit of September 2026 drained about 320 million dollars of L-BTC from a federated sidechain and reopened the question of whether any Bitcoin should live off the main chain.

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Liquid Network exploit and redemption freeze

Following Liquid’s September 6, 2026 exploit, October 11 reporting said Bitcoin redemptions remained suspended with a reserve shortfall of about 603 BTC. Resumption depends on restored backing and security work; no restart date was confirmed in the reviewed reporting.

1 debate·11 claims·4 news stories

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