#Binance #bitcoin #DeFi BTC

What if you were in his place, what would you do?!..You would go crazy, of course

The amazing story of how 99,000 bitcoins worth $6 billion were lost today. In 2010, a Chinese named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when they were worth less than a cent. As the value of Bitcoin rose, Wei's investments turned into a small fortune. With his newfound wealth and technical skills, Wei built the world's first cryptocurrency margin exchange, Cryptolip, in 2014. By 2017, Wei had amassed 99,000 bitcoins, worth an estimated billions of dollars. However, in early 2018, a sophisticated phishing attack led to a breach in Cryptolip's security. The hackers stole all of Wei's Bitcoin fortune, which was then estimated at $6 billion. The incident led to the collapse of Cryptolip and Wei's resignation. Despite the catastrophic loss, Wei channeled his experience toward cybersecurity, becoming a mentor and advocate for stronger protections in the cryptocurrency industry, ensuring that the lessons he hard-learned would protect future investors. Please follow, like, and share

BTC

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