Liquid Network releases 3,996 BTC after L-BTC burn, risking peg discount when peg-outs reopen

Nearly $320 million in Bitcoin walked out of the Liquid Network's federation wallet on September 6, and nobody has gotten it back yet.The incident saw 3,996 BTC pegged out from the Bitcoin sidechain operated by Blockstream after a corresponding burn of Liquid Bitcoin (L-BTC). The federation's reserv…