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BitForex founder nets over $13.5M from ZEC short position

June 05, 2026, 2:53 AM
BitForex founder nets over $13.5M from ZEC short positionAmid a drop in ZEC's price following the Orchard Pool bug, a 3x short position on the token held by Garrett Jin, founder of the fraudulent crypto exchange BitForex, is showing an unrealized profit of over $13.5 million on Hyperliquid (HYPE), according to Onchain Lens. In contrast, his 5x long position on BTC is showing a loss of over $17 million.

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