Bitget Hacker Turns to Zcash Privacy Pool After Near Rejects $50M in Swaps
Bearish-8.21%
30 Sep, 19:46
Source: Decrypt
AI Summary
The Bitget hacker attempts to launder stolen funds using Zcash's privacy features after being rejected by Near Intents, underscoring regulatory and reputational risks for privacy coins.
The attacker behind the $387.5 million Bitget heist has started hiding about $3.8 million in ZEC inside Zcash's Ironwood pool, after Near Intents turned their swaps away.