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CryptoQuant Founder: Zcash investors seem to be betting that gray area funds will turn to Privacy Coins.
Golden Finance reported that Ki Young Ju, the founder and CEO of CryptoQuant, stated on the X platform that as AML regulations tighten, Zcash investors seem to be betting that illegal and gray area funds will shift from Bitcoin and stablecoins to Privacy Coins. It is reported that this week, Grayscale has disclosed that its Grayscale Zcash Trust has opened a private sale to qualified accredited investors.