Arthur Hayes liquidates all ZEC holdings due to Orchard Pool vulnerability, still holds WLD

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

Hayes said 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 he will continuously reassess his judgment; if his assumptions are disproven, 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. Additionally, Hayes said he still holds WLD and looks forward to Elon driving the token's price up.