From a $10 investment to a $6 billion Bitcoin fortune lost in a cyber attack

In 2010, Wei Zhang, a Chinese investor, bought thousands of Bitcoins for just $10 when they were worth less than a penny each. As Bitcoin's value soared, his tiny investment grew into a multi-billion-dollar fortune. By 2017, Wei owned 99,000 BTC, making him incredibly wealthy.

But in early 2018, disaster struck. Hackers launched a sophisticated phishing attack on CryptoLeap, the crypto margin exchange Wei had founded in 2014. They stole his entire Bitcoin stash, valued at a staggering $6 billion. This catastrophic loss led to the downfall of CryptoLeap and forced Wei to resign.

Today, Wei would have been one of the world's few thousand billionaires. Despite losing everything, he turned his focus to cybersecurity, using his experience to mentor others and advocate for stronger protections in the crypto industry. His painful lessons now help safeguard future investors from similar fates.

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