Multiple Theft Incidents Fund Flow into ZEC, Attackers Use It to Transfer Stolen Funds

On-chain analyst Specter stated that since ZachXBT disclosed that the Bitget attackers used Zcash (ZEC) to obscure the stolen funds, there has been an observation of funds from other theft incidents flowing into ZEC. These incidents include the Ledger-related event of Cryptobills and the Triple-A hacking incident involving $12 million. Specter pointed out that attackers are utilizing ZEC to transfer stolen funds, and the original post did not disclose the specific amounts flowing into ZEC from other incidents.

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