🚨 SEVERAL FUNDS STOLEN FROM BITGET BEGIN MOVING INTO ZCASH'S SECURITY POOL
On-chain investigator ZachXBT reports that roughly 2,700 ZEC — worth about $3.8 million — connected to the Bitget exploit have started moving into Zcash’s Ironwood protection pool.
About 18,900 ZEC ($28.3 million) is believed to have been stolen.
The broader security incident affected approximately $387.5 million across multiple assets and networks. Bitget says this attack shows indicators consistent with DPRK-linked groups, though attribution is still under investigation.
Moving ZEC
This development is notable because it demonstrates Zcash’s real-world security properties—while also highlighting the difficult compliance and tracing questions that powerful financial privacy can raise.
⚡ $ZEC | #Zcash
🔒 Privacy • Freedom • Financial Sovereignty
🔥 @ZecZcash
On-chain investigator ZachXBT reports that roughly 2,700 ZEC — worth about $3.8 million — connected to the Bitget exploit have started moving into Zcash’s Ironwood protection pool.
About 18,900 ZEC ($28.3 million) is believed to have been stolen.
The broader security incident affected approximately $387.5 million across multiple assets and networks. Bitget says this attack shows indicators consistent with DPRK-linked groups, though attribution is still under investigation.
Moving ZEC
This development is notable because it demonstrates Zcash’s real-world security properties—while also highlighting the difficult compliance and tracing questions that powerful financial privacy can raise.
⚡ $ZEC | #Zcash
🔒 Privacy • Freedom • Financial Sovereignty
🔥 @ZecZcash
