Bitget Hacker Moves $3.9M in ZEC Into Zcash Privacy Pool

The move matters less as a laundering technique than as a live test of privacy-pool resilience: Ironwood can obscure sender, receiver and amount, yet timing and transfer size remain metadata that investigators can correlate back to public addresses. It also puts Zcash's shielded infrastructure in the spotlight for reasons unrelated to adoption, which is a reputational variable for the asset. Whether the remaining stolen ZEC follows the same route, and whether chain analysts can bridge the shielded gap, is the open question.