Bitget Hacker Rejects $50M Near Offer, Heads to Zcash Privacy Pool

A hacker who breached Bitget's system has turned to Zcash's privacy pool after being offered $50 million in swaps by Near, but rejecting the proposal.

The hacker had earlier accessed the wallets of multiple users on the exchange and was able to transfer funds out of them.

Near reportedly offered the hacker $50 million in swaps in an attempt to prevent further damage and secure the stolen assets. However, the hacker declined the offer and instead opted for Zcash's privacy pool, which offers a higher level of anonymity and security.