Zcash Becomes New Destination For Bitget Hacker

The Bitget hacker has moved about 2,700 ZEC, worth roughly $3.8 million, into Zcash's Ironwood shielded pool.

ZachXBT reported the transfers as investigators track the stolen funds. The pool encrypts transaction details, making activity inside difficult to trace.

The attacker previously moved stolen assets through several cross chain swap services.

Near Intents says its SHIELD system earlier rejected more than $50 million in related swaps.

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