Arthur Hayes dumps zcash after vulnerability reveal

Arthur Hayes, Chief Investment Officer at Maelstrom, has sold his entire Zcash holdings following the disclosure of a critical vulnerability in the network's Orchard Pool. The bug, which existed for four years, could have enabled the minting of unlimited counterfeit ZEC tokens, raising concerns about supply integrity. Although the vulnerability has been patched, the inability to cryptographically prove whether it was exploited has undermined Hayes' confidence. He indicated a potential willingness to re-enter a position if his concerns about exploitability are proven unfounded, possibly at lower prices.