On-chain analyst Specter: Funds from multiple coin theft incidents have flowed into ZEC, with attackers using it to transfer stolen funds.

PANews October 17 news: On-chain analyst Specter posted that after ZachXBT disclosed that the Bitget attacker used Zcash (ZEC) to shield stolen funds, Specter has observed funds from other theft incidents flowing into ZEC, including the Cryptobills Ledger-related incident and the Triple-A hack involving $12 million.

Specter stated that attackers are using ZEC to move stolen funds. The original post did not disclose the specific amounts of funds from the other aforementioned incidents that flowed into ZEC.