Bitget Hackers Shift to Zcash After Cross-Chain Laundering Routes Blocked

Hackers behind the $387.5 million Bitget breach are moving stolen funds into Zcash's Ironwood shielded pool to evade detection. Blockchain investigator ZachXBT reported that approximately 2,746 ZEC, valued at about $3.9 million, was transferred into the pool, representing 15% of the stolen ZEC. This move follows failed attempts to launder over $50 million through NEAR Intents, where the SHIELD risk system rejected most transactions. Meanwhile, the attackers continue to use THORChain to convert stolen assets into native Bitcoin, as the protocol has not blocked the associated addresses.