The \$11 Billion Bitcoin Tragedy: A Cautionary Tale**
In 2010, a curious Chinese teenager named Wei Zhang invested just \$10 in Bitcoin when it was worth less than a cent. His early bet paid off massively—by 2017, he had accumulated 99,000 BTC, worth billions. Riding this wave of success, Wei launched *CryptoLeap*, the world’s first crypto margin trading platform, becoming a rising star in the crypto world.
But in 2018, everything unraveled. A sophisticated phishing scam tricked Wei into giving up access to CryptoLeap’s systems. Hackers drained all 99,000 BTC in minutes. With the funds scattered across untraceable wallets, Wei's fortune was gone overnight.
The hack rocked the crypto community. Lawsuits, investigations, and public outrage followed. Wei stepped down and shut down CryptoLeap. Today, those stolen coins would be worth over \$11 billion.
Wei has since shifted focus to cybersecurity, using his painful experience to educate others and promote safer crypto practices. His story remains one of the most dramatic losses in digital finance history—a reminder that in crypto, one click can change everything.
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