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James "Jimmy" Zhong is an American man who was convicted in 2022 for stealing over 51,680 bitcoin (then worth about $620,000; [2] value as of 2023 approximately $3.4 billion [3]) from the online black market Silk Road between 2012 and 2014. [4]
17 paź 2023 · The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion. Key Points. In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace.
28 gru 2023 · An investigation uncovered the messy and intricate operations in which Jimmy Zhong hacked the currency platform and stole 51,680 Bitcoins between 2012 and 2014 utilizing his computer skills. Valued at over $3 billion, the clandestine operation went unnoticed until blockchain analytics firm Chainalysis identified a suspicious transaction that ...
15 lis 2023 · Jimmy Zhong’s case is more than just an intriguing drama; it is a cautionary tale with deep-seated implications for the crypto industry and its stakeholders. Firstly, his story highlights the urgent need for robust regulatory frameworks.
18 paź 2023 · A report from CNBC has revealed additional details surrounding Jimmy Zhong, who last year was arrested in connection with the theft of more than 50,000 bitcoins from the Silk Road marketplace.
16 lut 2024 · Many reports have been made about the pandemic’s effects on the perspective of Filipino consumers in the Philippines and about the importance of insurance. Yet, insurance penetration remained at a remarkably low 1.68% at end-September 2023 according to data from the Insurance Commission (IC).
8 kwi 2024 · FWD Life Insurance (FWD Philippines) ascended to become the third top life insurer in the Philippines in less than a decade, according to the Insurance Commission’s (IC) full-year 2023 report on New Business Annual Premium Equivalent (NBAPE).