#TrumpTariffs
On December 9th, Zcash (ZEC) has recently performed exceptionally well. After the U.S. government seized 127,000 BTC held by Chen Zhi, the head of "Prince Group", and the arrest of Qian Zhimin, the main perpetrator in the laundering of 60,000 BTC, the price of ZEC surpassed the $750 mark in a short time thanks to its privacy narrative. However, a new feature launched today by the blockchain tracking platform Arkham has shaken the privacy narrative of Zcash (ZEC). Earlier today, Arkham added the Launch Chain for Zcash, marking over half of the transactions as protected and unprotected on the Zcash privacy chain, including $420 billion in transactions, all related to known individuals and organizations. Arkham's anonymous work on Zcash includes: 53% of Zcash transactions have been tagged; $420 billion in transaction volume has been attributed to specific entities; 48% of all inputs and outputs have been attributed to specific entities; and 37% of Zcash balances (totaling $2.5 billion) have been marked.
