$3.9M Worth of ZEC Vanishes into Zcash Shielded Pool

The Bitget hack has resulted in the disappearance of $3.9 million worth of ZEC into the Ironwood pool on Zcash.

According to reports, 2,746 ZEC moved from three intermediate addresses into the shielded pool, which is designed to conceal sender, recipient, and amount information.

This development has significant implications for tracing the stolen funds, as investigators can no longer follow the trail beyond the Ironwood pool.