Liquid Network closes the 602 BTC gap: L-BTC is fully backed again

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Two months after the exploit of September 6, every L-BTC is once again backed by a bitcoin, with the last 550 BTC arriving on November 2. Direct peg-outs through the Federation remain restricted for now, so redemptions run through swap providers.Add as a preferred source on GoogleFollow on Google NewsIn short: Every L-BTC on the Liquid Network is once again fully backed by real bitcoin. The gap of around 602 BTC that the exploit of September 6, 2026 tore into the reserve has been closed; the last 550 BTC arrived on November 2. The Liquid Federation then officially reported full backing. What remains restricted for now is direct redemption through the Federation itself, known as the peg-out. What is established: according to the public Liquid dashboard, reserve and circulation match again, and the individual deposits are documented. Our assessment follows further down. The backing has been restored; trust in how the reserve is managed has not fully returned. L-BTC fully backed ag...