Multicoin Capital co-founder says he has been accumulating ZEC since February

Tushar Jain, co-founder of crypto investment firm Multicoin Capital, stated on X that he has been accumulating large amounts of the privacy coin Zcash (ZEC) since February. He explained that while Bitcoin (BTC) is censorship-resistant, making it difficult to freeze or restrict, it does not solve the issue of government taxation. Jain added that there is growing market demand for assets with true privacy features, and he believes Zcash most directly meets this need.