Wu Blockchain has learned that on-chain analyst Specter posted that since on-chain detective ZachXBT revealed Bitget attackers are using the privacy coin Zcash (ZEC) to hide stolen assets, there has been an increasing number of hackers observed transferring stolen funds to the ZEC network for laundering. This includes funds involved in the Cryptobills Ledger supply chain attack and the $12 million theft in the Triple-A case. Hacker groups are actively leveraging Zcash's privacy features to move and launder stolen assets. Users and institutions need to heighten their awareness and precautions. https://www.(wublock123.com)/news/hackers-use-zcash-to-launder-stolen-funds-70258