Stolen funds from the Ledger supply chain attack and Bitget exploit, along with $12 million from payment firm Triple-A, have been moved into Zcash shielded pools. Security researcher ZachXBT revealed that $4 million of the $28.3 million ZEC stolen from Bitget was routed through Ironwood’s shielded pool. ZEC shielded supply has risen 16% since July, from 4.3 million to 4.96 million ZEC. ZEC market sentiment has soured to a ‘fear’ level of 28, raising questions about potential regulatory scrutiny similar to what Monero faced.
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