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Arthur Hayes claims governments de-anonymized Monero, touts Zcash as 1,000x opportunity

Arthur Hayes has claimed that governments successfully de-anonymized Monero, predicting that a renewed privacy narrative will turn rival token Zcash into a 1,000x opportunity.

Black and white portrait photo of Arthur Hayes smiling.
Image: @cryptodotnews

Arthur Hayes has claimed that Monero's privacy features are compromised, asserting that governments have already successfully de-anonymized the privacy-focused cryptocurrency, according to reports from Market Insider and crypto.news. Hayes stated that privacy is poised to re-emerge as a major market narrative, labeling rival token Zcash as the "ultimate 1,000x opportunity" and pointing to renewed privacy interest as a catalyst for ZEC.[1][2]

The remarks drew skepticism from market observers on social media. Commentator @yourfriendSOMMI disputed Hayes's claims on X, calling the assertions dishonest and predicting that Hayes intends to sell his Zcash position at the first opportunity.[3]

Key facts

  • Arthur Hayes claimed that governments have successfully found ways to de-anonymize Monero, compromising its privacy.
  • Hayes described Zcash as the "ultimate 1,000x opportunity" amid an anticipated resurgence in privacy coin narratives.
  • Social media commentator @yourfriendSOMMI rejected Hayes's claims, calling them a lie and predicting Hayes will quickly dump his Zcash holdings.

Sources · 3 sources

  1. MI

    Market Insider@MrketInsiderPost on X ·

    JUST IN: ARTHUR HAYES REVEALS HE THINKS MONERO’S PRIVACY IS COMPROMISED “GOVERNMENTS HAVE ALREADY SUCCESSFULLY DE-ANONYMIZED MONERO” “PRIVACY IS ABOUT TO BECOME A MASSIVE NARRATIVE AGAIN, MAKING ZCASH THE ULTIMATE 1,000X OPPORTUNITY” https://t.co/uqi83jImyN

    Open source
  2. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Arthur Hayes questions Monero’s privacy as Zcash gains attention Hayes reportedly claims governments have found ways to de-anonymize $XMR and sees renewed interest in privacy coins as a potential catalyst for $ZEC. https://t.co/fKocSQE5HL

    Open source
  3. Y❤

    yourfriendSOMMI ❤️💛💚💙@yourfriendSOMMIPost on X ·

    ❤️💛💚💙 Arthur Hayes says Monero is compromised, and ZeCash will do 1000x from here. Naturally, that means he's lying. And he will be jeeting ZeCash the first chance he gets. https://t.co/C2bgb34MiS

    Open source