The post Zcash Plunges Double Digits After ECC Team ‘Constructively Discharged’ appeared com. In brief The CEO of the Electric Coin Company said his entire team was “constructively discharged” following a disagreement with its non-profit board members. The board said in a statement it was due to potential issues surrounding plans to privatise Zashi, a Zcash-centric mobile wallet. It said the plans could allow donors to sue and “jeopardize the entire Zcash ecosystem.” The price of Zcash has plunged by double digits after the entire team of the Electric Coin Company-which created and contributed to the popular privacy coin-left the company. Zcash is down 18. 2% in the past 24 hours to $397. 27, according to CoinGecko data. It’s also down 24% over the past 7 days. Zcash had a very strong year price-wise, rising over 670% amid more mainstream interest in privacy coins. In a tweet, Josh Swihart, former CEO of the Electric Coin Company, said his entire team was “constructively discharged” following a disagreement with the majority of Bootstrap’s board members, a 501(c)(3) nonprofit created to support Zcash. Over the past few weeks, it’s become clear that the majority of Bootstrap board members (a 501(c)(3) nonprofit created to support Zcash by governing the Electric Coin Company), specifically Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have moved into.- Josh Swihart 🛡 (@jswihart) January 7, 2026 He said that specifically, Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai had “moved into clear misalignment with the mission of Zcash.” Swihart said he and the team would be founding a new company with the same mission of “building unstoppable private money.” The former CEO didn’t give any details about the project-such as what it is called, when it will roll out, or whether a new token might emerge. In U. S. employment law, “constructive discharge” is when a worker’s resignation can be classified.
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Zcash Rallies 42% to $712 Amid Crypto Dip, Hinting at Further Upside
The post Zcash Rallies 42% to $712 Amid Crypto Dip, Hinting at Further Upside appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Zcash (ZEC) has surged 42% to $712 in the last 24 hours, outperforming Bitcoin and Ethereum amid strong technical indicators, rising investor interest, and high trading volumes on major exchanges like Binance. Zcash rallied 42% to $712 while Bitcoin and Ethereum declined, supported by robust technical trends and increased inflows. Rising investor confidence, highlighted by institutional purchases, drives sustained momentum in Zcash trading. With $8. 92 billion in futures volume and $1. 44 billion in spot trades, Zcash demonstrates strong market activity and potential for further gains, according to data from CoinMarketCap. Discover why Zcash surged 42% to $712 in 2025, defying market dips with privacy features and investor buzz. Explore technicals and predictions-stay ahead in crypto! What is driving Zcash’s 42% price surge to $712? Zcash (ZEC) has experienced a remarkable 42% increase to $712 in the past 24 hours, contrasting sharply with declines in Bitcoin and Ethereum, due to robust technical indicators, heightened investor interest, and substantial trading activity on platforms like Binance. This rally underscores Zcash’s appeal as a privacy-focused cryptocurrency in a volatile market. Factors such as.