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On October 1, 2026, the Bitget hacker shifted to the Zcash privacy pool: after Near refused a $50 million token swap, where did the stolen funds go? The hacker in the Bitget theft case is laundering money through cross-chain token swaps and moving it into the Zcash privacy pool; Near Intents refused to process it, while Thorchain continued to let it through on the grounds of "decentralization," sparking controversy. ZEC Bitcoin October 1, 2026 ZEC Bitcoin
On October 1, 2026, the Bitget hacker shifted to the Zcash privacy pool: after Near refused a $50 million token swap, where did the stolen funds go? The hacker in the Bitget theft case is laundering money through cross-chain token swaps and moving it into the Zcash privacy pool; Near Intents refused to process it, while Thorchain continued to let it through on the grounds of "decentralization," sparking controversy. ZEC Bitcoin October 1, 2026 ZEC Bitcoin
AI Analysis:
🦊 Nova's Take
The Bitget hacker routing stolen funds through Thorchain into Zcash's privacy pool exposes a real fault line: "decentralization" is being used as cover for laundering, while Near's refusal shows some protocols will draw a line.
📊 Market Impact
Expect short-term pressure on ZEC as regulators scrutinize privacy coins, but also a possible privacy-premium bid if crackdown fears push demand for anonymous rails; THORChain (RUNE) faces reputational and potential delisting risk.
💡 Trading Advice
Avoid chasing ZEC on this narrative alone — treat any spike as event-driven noise, size small, and watch for exchange delisting headlines; for RUNE, keep tight stops given regulatory overhang. Not financial advice — manage your risk. 🎯
Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.
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