Technology

59457 readers

3512 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

233

The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion (www.cnbc.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

26 comments fedilink hide all child comments

The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion::CNBC obtained never-before-seen body camera footage that shows how investigators linked Jimmy Zhong to the Silk Road hack

you are viewing a single comment's thread
view the rest of the comments

[–] Wispy2891@lemmy.world 41 points 1 year ago (2 children)

He stole lots of Bitcoin by hacking silk road. One day someone stole a part of them (20 out of 50000) and he called the police which basically said though luck.

Meanwhile the us government was investigating on the theft and they noticed that he accidentally converted $800 from the stolen $3 billions using his real name.

They showed up at his home really friendly saying they're investigating about the Bitcoin theft and he opened everything. Unlocked his PC, showed them all the stash, then the liutenant specified which Bitcoin theft was investigating. Officers immediately placed a jigger on the unlocked PC to prevent automatic inactivity lock, guy was arrested.

Unfortunately the guy was one of the og Bitcoin devs in 2009 so he is filthy rich, got one year of prison for the crime of stealing those 3 billion dollars.

The us government said that anyone can ask back the stolen Bitcoin but nobody applied because those were dirty funds coming from the sales of drugs

[–] mycatiskai@lemmy.one 5 points 1 year ago

An odd part of this story is that he hired a PI to figure out who stole Bitcoin from him. The PI figured out who it likely was and told Jimmy, he refused to believe it because he was friends with the thief.

He just wanted to feel loved and have friends but they were all only there for the money and stuff he bought for them.

[–] Porka_911@sopuli.xyz 1 points 1 year ago

Thank you 👍