Security· ★★★★· bearish·

North Korean hackers move 2,700 stolen ZEC from Bitget into Zcash shielded pool

  • —About 2,700 ZEC worth $3.8 million moved — the first detected batch
  • —Roughly 18,900 ZEC ($28.3 million) was drained from Bitget's hot wallet
  • —Ironwood replaced the Orchard pool on July 28, 2026, after a supply-inflation risk
  • —Bitget hack on Sept 24: losses revised up from $351.6 million to $387.5 million
Why it matters: Using Zcash to launder stolen funds could intensify regulatory scrutiny of privacy coins and exchanges.
#ZEC
Source: Siam Blockchain
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