Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed
Investor Arthur Hayes liquidated his entire Zcash (ZEC) position following the disclosure of a critical vulnerability in the network's Orchard Pool. The bug, which existed for four years, could have theoretically allowed for unlimited token minting, causing the asset's value to drop significantly.
Why it matters
Demonstrates how security vulnerabilities in privacy-focused cryptocurrencies can trigger rapid market sell-offs and loss of investor confidence.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed Hayes said he would reconsider his stance if his assumptions that an exploit is still possible prove to be incorrect. By Olivier Acuna | Edited by Sheldon Reback Jun 5, 2026, 11:57 a.m. 1 min read Make preferred on Arthur Hayes dumped all his zcash holdings. (CoinDesk) What to know : Arthur Hayes, the chief investment officer of Maelstrom, said he sold his entire zcash position after a critical vulnerability was disclosed in the network’s Orchard Pool. The bug, revealed by Shielded Labs and present since 2022, could have allowed unlimited ZEC to be minted. The token slumped more than 40%. Hayes said the incident undermined his confidence in ZEC’s supply integrity but added he may buy back in if his concerns prove unfounded. Arthur Hayes, chief investment officer of Maelstromfund, said he liquidated his entire zcash (ZEC) position after a developer disclosed a potential critical vulnerability in the network s Orchard Pool.
The article provides a factual account of a market event and the reasoning provided by a public figure.
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