Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom Fund, has liquidated his entire ZEC holdings due to a vulnerability in ZEC's Orchard Pool. Hayes expressed concerns over the inability to cryptographically prove the impossibility of malicious minting, emphasizing that privacy-focused cryptocurrencies require "perfection" rather than "probable security." Despite this move, Hayes remains open to repurchasing ZEC if assumptions change and prices drop. Meanwhile, his team retains a bullish outlook on $WLD.