A GUY WHO LOST 99000 BTC WROTH 11 BILLION NOW
In 2010, a 16-year-old Chinese student named Wei Zhang discovered Bitcoin, a new kind of digital money. With just $10, he bought nearly 100,000 bitcoins when they were very cheap.
Wei didn’t just keep the coins; at 19, he started CryptoLeap, the first cryptocurrency exchange where people could borrow money to trade and try to make bigger profits. The platform became very popular, and by 2017, Wei owned 99,000 bitcoins himself.
In early 2018, Wei got an email that seemed to be from a major investor, offering a partnership. Without realizing, he clicked a fake link that tricked him into giving hackers access to his exchange and personal bitcoins. The hackers stole all 99,000 bitcoins, which were then moved through complex transactions making them impossible to recover.
The theft caused panic, lawsuits, and investigations. Wei quit as CEO, and CryptoLeap shut down. Today, those stolen bitcoins would be worth over $11 billion.
After this huge loss, Wei switched his focus to cybersecurity, helping others protect themselves online and improve safety in the crypto world. His story warns everyone that even big successes can be ruined by one mistake in security.
