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.