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Arthur Hayes Liquidates All ZEC Position Following Orchard Pool Vulnerability Discovery

Security Incidents Price Volatility

2026-06-05 02:31:36

ZEC-32.56%

Arthur Hayes, founder and CIO of Maelstrom, liquidated his entire ZEC position today following a vulnerability discovered in the Orchard Pool. Hayes stated that while the probability of malicious coin minting is extremely low, it cannot be formally proven impossible at the cryptographic level, and the privacy narrative demands perfection rather than probabilistic safety. He indicated openness to reacquiring ZEC at lower prices if his assumptions are disproven.

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