The Liquid Federation announced on November 3, 2026 that it fully restored 1:1 Bitcoin reserves to back all LBTC tokens following a September 6, 2026 exploit of the Liquid Network

From the articleLiquid's Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream - UnchainedAlso in Liquid’s bitcoin (BTC) IOUs are fully backed again after a $320 million exploit, Liquid restores 1:1 BTC backing as Adam Back warns on AI fixes - Cryptopolitan