Bitget Exploiter Hides $3.8M in Zcash Shielded Pool

The Bitget exchange exploiter has moved approximately $3.8 million in Zcash to the network's Ironwood shielded pool, adding an extra layer of privacy to the stolen funds.

This represents about 14% of the 18,900 ZEC taken during the September 24 breach, which affected hot and warm wallets across several chains, including Zcash, Ethereum, XRP Ledger, TRON, and others.

ZachXBT identified the wallets as belonging to alleged North Korea-linked attackers, but Bitget has not formally attributed the breach to North Korea. The forensic investigation is ongoing.