🚨ZachXBT: Alleged DPRK attackers are now shielding stolen Bitget funds via Zcash
Around 2,700 $ZEC (~$3.8M) has started moving into Zcash’s Ironwood shielded pool.
Once inside, transaction details can be hidden and tracking becomes significantly harder.
This is part of the larger ~18,900 ZEC (~$28.3M) stolen in Bitget’s $388M breach.
Price impact so far looks limited — $3.8M is small relative to ZEC’s market cap.
But it does put privacy coins back in the regulatory spotlight.
Around 2,700 $ZEC (~$3.8M) has started moving into Zcash’s Ironwood shielded pool.
Once inside, transaction details can be hidden and tracking becomes significantly harder.
This is part of the larger ~18,900 ZEC (~$28.3M) stolen in Bitget’s $388M breach.
Price impact so far looks limited — $3.8M is small relative to ZEC’s market cap.
But it does put privacy coins back in the regulatory spotlight.