Here is what the page “Bitget Hacker Moves $3.8M to Zcash Ironwood Pool After Near Intents Blocks $50M in Swaps” contains. The attacker behind the $387.5 million Bitget heist has shifted tactics, moving approximately $3.8 million worth of Zcash (ZEC) into the privacy-focused Ironwood pool, according to on-chain data. This move comes after Near Intents, a decentralized swap protocol, rejected roughly $50 million in attempted swaps by the hacker, cutting off a major laundering route. The funds are part of the massive theft from Bitget, one of the largest cryptocurrency exchange hacks to date.
By using Zcash's shielded Ironwood pool, the hacker aims to obscure transaction trails, complicating efforts by exchanges and blockchain analysts to trace and freeze the stolen assets. The incident highlights the ongoing cat-and-mouse game between cybercriminals and security teams, as illicit actors pivot to privacy coins when transparent blockchains and cooperative DeFi platforms block their movements. For the complete material, the listing points back to the source inside the network.