The fascinating tale of how he lost 99,000 Bitcoins valued at $6 billion today:
Back in 2010, a Chinese individual named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when their value was less than a penny.
As Bitcoin's price surged, Wei's investment grew significantly. Utilizing his newfound wealth and technical skills, Wei established the world's first crypto margin exchange, CryptoLeap, in 2014.
By 2017, Wei had amassed 99,000 BTC, worth billions. Unfortunately, in early 2018, a sophisticated phishing attack breached CryptoLeap's security. Cybercriminals absconded with Wei's entire Bitcoin fortune, now estimated at $6 billion. This event resulted in CryptoLeap's downfall and Wei's resignation.
Despite the devastating setback, Wei redirected his focus towards cybersecurity, becoming a mentor and advocate for enhanced safeguards in the crypto realm. By doing so, he ensured that his hard-earned insights would shield future investors.