The Tragic Tale of 99,000 Lost Bitcoins — Now Worth $11.4 Billion

In 2010, a Chinese teenager named Wei Zhang bought thousands of Bitcoins for under a penny each, turning $10 into a crypto fortune. By 2017, he held 99,000 BTC and had launched CryptoLeap, the first crypto margin trading platform.

But in 2018, a single click on a phishing email changed everything.

Hackers drained his entire wallet — 99,000 BTC gone in minutes. CryptoLeap collapsed. Wei’s rise turned into one of crypto’s most devastating losses.

Yet, Wei didn’t vanish. He became a cybersecurity pioneer, determined to protect others from repeating his mistake.

A hard lesson in ambition, loss, and resilience — and a stark reminder: in crypto, security is everything.

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