Arthur Hayes closed all ZEC positions due to Orchard Pool vulnerability, still holds WLD

Odaily Planet Daily News BitMEX co-founder Arthur Hayes posted on X platform that due to the Orchard Pool attack, he has closed all ZEC holdings. Hayes stated that although he believes the possibility of additional minting is extremely low, it cannot be formally proven impossible at the cryptographic level; however, the privacy narrative for AI, government, and big tech requires perfection, not possibility.

Hayes said that he learned about the attack yesterday but did not realize its conflict with his narrative framework. The 30% decline in ZEC prompted him to rethink and decide to take profits on the entire position. Hayes stated that he will continue to reassess his judgment. If his assumption is proven false, he will buy back, hoping to build a position at a lower price; privacy is priceless, and he would not mind buying back at a higher price. In addition, Hayes said he still holds WLD and looks forward to Elon driving the token's price up.