The College Kid Who Hacked $3.4 Billion in Bitcoin ! #shorts #hacked #bitcoin

The College Kid Who Hacked $3.4 Billion in Bitcoin ! #shorts​ #hacked​ #bitcoin​ #crypto​

In 2012, college student Jimmy Zhong discovered a bug in Silk Road, a dark web marketplace. With fake accounts and quick withdrawals, he quietly stole over 50,000 Bitcoin, worth just a few dollars each at the time.

As Bitcoin’s value soared, so did his fortune, reaching $3.4 billion. He lived a low-key life, splurging on luxury items without drawing attention. But in 2019, a mistake reporting a crypto theft triggered an investigation.

In 2021, federal agents raided his home and found Bitcoin hidden in a popcorn tin. Zhong pled guilty to wire fraud and served just one year in prison.

A cautionary tale in the world of crypto.

Source:-

Reports on The Verge, crypto news sites.
.
.
follow @FiNiSCOPE ✅
.
.
#startupbusiness​
#SuccessStory​ #startup​ #entrepreneur​
#explore​ #fyp​ #explorepage​ #Reels​
#SuccessJourney​ #Trending​ #bussinessopportunity​
#RoadToSuccess​ #startupnews​
#InspiringStories​
#DreamBig​ #businessadvice​
#SuccessDiaries​
#StoryOfSuccess​
#OvercomingObstacles​
#SuccessAndMotivation​
#InspireToSucceed​
#MotivationToAchieve​
#DailySuccessMotivation​
#SuccessMindset​
#MotivationForSuccess​
#InspiredBySuccess​
#MotivationalJourney​
#SuccessDriven​
#BelieveAndAchieve​
#millionairemindset​

source