An attacker who exploited the Liquid Network on September 6, 2026 routed unbacked LBTC tokens through SideSwap's peg-out service to withdraw actual bitcoin from the Liquid Federation's reserve wallet

From the articleLiquid restores 1:1 BTC backing as Adam Back warns on AI fixes - CryptopolitanAlso in Liquid's Bitcoin Reserves Fully Back Its Tokens Again as Board Member Points to Blockstream - Unchained