Dragonfly partner Haseeb: If the Zcash vulnerability has been exploited, the losses will primarily be borne by the privacy pool holders.

CoinFeed reported on June 5th that, according to an analysis by Haseeb Qureshi, a partner at Dragonfly, the recently patched Zcash Orchard privacy pool vulnerability has caused market misunderstanding. He believes that even if the vulnerability was exploited before the patch (a very low probability), attackers would need to unshield the counterfeit Shielded ZEC before selling it on exchanges. Therefore, those most affected would be holders in the shielded pool, not those holding transparent ZEC circulating on exchanges and the market. Haseeb points out that Zcash's transparent supply is publicly verifiable, and the protocol ensures that the total amount of transparent ZEC will not exceed the maximum supply limit.