LIQUID FROZEN — ~4,000 BTC DRAINED, 'WHITE HAT' HOLDS RESERVE

Liquid sidechain locked down after a "white hat" drained roughly 4,000 BTC from the reserve—the hacker claims they're holding it as collateral and demanding the devs acknowledge a critical vulnerability. Classic extortion play: expose the flaw or lose the stack, though calling yourself a white hat while freezing billions in user funds is a stretch.

Major DeFi hack with specific BTC amount; mirrors earlier story but adds details on ransom angle.