Bitget Hacker Turns to Zcash Privacy Pool After Near Rejects $50M in Swaps
60-second summary
The attacker behind the $387.5 million Bitget heist now hides roughly $3.8 million in ZEC within Zcash’s Ironwood privacy pool after Near’s Intents protocol rejected the swaps. This move signals criminals exploiting privacy‑focused layers to evade traceability, prompting regulators and exchanges to tighten monitoring as illicit funds increasingly migrate toward anonymous blockchain solutions.
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.