Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace
Summary
Wallets linked to the $387.5 million Bitget hack moved 2,746 ZEC, worth about $3.9 million, into Zcash’s Ironwood shielded pool in three transfers. The deposits represent roughly 15% of the stolen ZEC. While entry into the pool is visible, transfers within it conceal transaction details, complicating efforts to trace the funds. Other attacker-linked proceeds have been swapped across blockchains through services such as THORChain, leaving public transaction records.
