Winklevoss-Backed Zcash Treasury Plunges Nearly 40% on ZEC Privacy Bug Concerns – Decrypt

Jun 5, 2026 - 17:00
Winklevoss-Backed Zcash Treasury Plunges Nearly 40% on ZEC Privacy Bug Concerns – Decrypt
In brief Cypherpunk Technologies shares tumbled 37% on Friday as jitters tied to a Zcash bug knocked the Winklevoss-backed firm. The company, which owns $102 million worth of Zcash, saw its holdings suddenly plunge underwater as the privacy coin fell. Cameron Winklevoss has been an outspoken supporter of Zcash, saying he believes “strong privacy is...

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