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Crypto glitch made James Zhong a Billionaire | $3.3 Billion Bitcoin Heist

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Author: Cybernews - Bewertung: 709x - Views:56800

In this episode of Cyber Crime, the story of a 30-year-old James Zhong, who pleaded guilty to the largest cryptocurrency theft in U.S. history. Zhong exploited a glitch on the infamous Silk Road to steal over 50,000 bitcoins valued at $3.3 billion. Discover how Zhong executed his theft and how he lived a lavish lifestyle. Find out how Zhong's arrest marked the resolution of a ten-year mystery and learn about the safety concerns surrounding cryptocurrencies. Join us as we uncover the intriguing world of cyber crime and discuss the future of cryptocurrency.



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00:00 Intro

00:43 Bitcoin & Cryptocurrencies

01:32 Silk Road - Darknet Market

03:14 Who Was James Zhong?

04:01 Zhong’s Life of Crime

05:29 James Zhong's Betrayal

06:34 James Zhong’s Lavish Lifestyle

07:14 How Did James Zhong Steal Bitcoins?

08:24 Crypto Mixers

08:55 James Zhong’s Arrest

09:57 Safety of Cryptocurrencies



#cybernews #cybercrime #truecrime

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