🚨 The $6 Billion #Bitcoin Theft 🚨
In 2010, Chinese investor Wei Zhang purchased thousands of #Bitcoins for less than a penny each, investing only $10. As Bitcoin's value skyrocketed, Wei's investment turned into a multibillion-dollar fortune.
By 2017, Wei had accumulated an impressive 99,000 $BTC . However, in early 2018, a sophisticated phishing attack compromised the security of CryptoLeap, the #crypto margin exchange he founded in 2014. The hackers stole Wei's entire #BTC holdings, which were then valued at an astonishing $6 billion.
This incident led to the collapse of CryptoLeap and Wei's subsequent resignation. Despite this devastating loss, Wei redirected his efforts towards #cybersecurity , becoming a mentor and advocate for enhanced protections in the crypto industry.
Wei's hard-earned lessons now help safeguard future investors from similar threats. 🔐