Bitget Hacker Turns to Zcash Privacy Pool After Near Rejects $50M in Swaps

📌 The Rundown:
• The Bitget attacker moved roughly $3.8 M of ZEC into Zcash’s Ironwood privacy pool after Near Intents rejected a $50 M swap, signaling a shift from high‑volume exchanges to privacy‑centric channels.
• This move underscores a growing narrative where large‑scale thefts increasingly leverage privacy protocols to launder assets, prompting exchanges and layer‑1 projects to tighten swap vetting and monitor cross‑chain flows.

🎯 Strategic Outlook:
The incident accelerates scrutiny of cross‑chain liquidity, pushing protocols to adopt stricter compliance and privacy‑aware routing. Over the next 12–18 months, we expect a surge in privacy‑first solutions and tighter integration between privacy pools and regulated exchanges, reshaping how illicit funds are tracked and mitigated.

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