Bitget Hackers Move $3.8 Million in Stolen Funds to Zcash Privacy Pool

Attackers linked to the Democratic People's Republic of Korea (DPRK) have begun laundering funds stolen from the Bitget exchange. According to researcher ZachXBT, the hackers moved approximately 2,700 ZEC, valued at about $3.8 million, into the Ironwood privacy pool on the Zcash network. The funds were part of a larger theft of 18,900 ZEC ($28.3 million) from a Bitget hot wallet on September 24, 2026. The movement of these assets into Zcash pools contradicts claims by some privacy projects that threat actors avoid using the network.