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Woofun AI reports that Sovright, the nonprofit successor to Electric Coin Company, has released Argos, a new utility designed to assist early Zcash adopters in retrieving funds. These assets became inaccessible following the cessation of updates for the legacy ZEC Wallet Lite in 2022.
Michelle Lai, Sovright’s executive chairman, stated that while the precise number of affected addresses remains undetermined due to the issue targeting specific masked addresses, the total value at risk is estimated to be "considerable," primarily impacting long-term holders.