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He Stole $3.4 BILLION - But Made One Mistake [About "Loaded"] (www.youtube.com)

submitted 2 years ago* (last edited 2 years ago) by bitnorbert to c/bitcoin

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In this documentary, I tell the true story of James ‘Jimmy’ Zhong. In 2012, while studying Computer Science at the University of Georgia, he found an exploit on the most notorious darknet market allowing him to take Bitcoins directly from the site. As the years went on and Bitcoin soared in value his loot had increased to a staggering $3.4 billion dollars. For nearly a decade he avoided the FBI & IRS, but in 2019, he made one single mistake leading them directly to his door. Jimmy's case is the second-largest seizure in the Department of Justice's history.

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[–] bittabet 3 points 2 years ago* (last edited 2 years ago)

From what I’ve heard from a whale that knows him, he’s gonna be alright financially after he gets out. He forfeited more than he stole but not necessarily everything he has. This dude had a lot of wallets with thousands of BTC each so even just keeping one means a very comfortable life.

Hopefully he gets some therapy though.