WuBlockchain
Attackers allegedly linked to North Korea in the Bitget exploit have begun transferring approximately 2,700 ZEC, worth around $3.8 million, into Zcash’s Ironwood shielded pool, according to ZachXBT. The transfers involve part of the approximately 18,900 ZEC, worth around $28.3 million, stolen from Bitget on September 24, 2026.
Why it matters
Zcash’s shielded pool is designed to protect transaction details. Moving stolen ZEC into it could make the funds harder to trace publicly, raising the stakes for investigators tracking the exploit proceeds.
Market impact
The reported transfer concerns roughly $3.8 million of the stolen funds. The seed does not report an impact on ZEC’s price or identify further movements to watch.
Frequently asked questions
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How much ZEC has reportedly been moved into Zcash’s Ironwood pool?
Approximately 2,700 ZEC, worth around $3.8 million, has reportedly been transferred into the pool.
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How much ZEC was stolen from Bitget?
Approximately 18,900 ZEC, worth around $28.3 million, was stolen from Bitget on September 24, 2026.
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Who reported the movement of the ZEC?
The reported transfers were attributed to ZachXBT.
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Why could the Ironwood shielded pool complicate tracking?
Zcash’s shielded pool is designed to protect transaction details, which can make public tracking of funds more difficult.
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Does the reported transfer cover all the ZEC stolen from Bitget?
No. The approximately 2,700 ZEC transfer is part of the approximately 18,900 ZEC stolen.
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