Bitget-Linked Wallet Moves $3.9 Million in Zcash into Ironwood Shielded Pool

A wallet linked to the Bitget hack moved $3.9 million in Zcash into the cryptocurrency's Ironwood shielded pool on September 30.

The three transactions occurred between 4:15 and 4:46 a.m. ET, representing about 15% of the approximately 18,917 ZEC previously received by an attacker-linked wallet.

The Ironwood protocol conceals sender, recipient, and transaction-value details after funds enter the pool, but deposits and later withdrawals to public addresses remain visible.