Arthur Hayes liquidated all ZEC holdings due to the Orchard Pool vulnerability

Arthur Hayes (@CryptoHayes), co-founder of BitMEX and CIO of Maelstrom Fund, stated that he has liquidated all his $ZEC holdings due to a vulnerability attack on ZEC's Orchard Pool.

Hayes pointed out that although the possibility of malicious minting is extremely low, it cannot be formally proven impossible at the cryptographic level; the privacy narrative demands "perfection" rather than "high probability safety." He also mentioned that if subsequent assumptions are falsified, he does not rule out the possibility of buying back at a lower price. Currently, his team still holds $WLD positions and maintains a bullish stance.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.