Crypto Hacker Owns $7B Worth of BTC, Ranks 369th in Billionaire List

Chinese Officials Unearth $1.7B Money Laundering in Crypto

As the crypto market is growing mature and booming today, there are alot of scams, phishing plans, stolen wallets and hacking are also rising on the same plane. Working very smartly on these criminal areas, the hackers are becoming one of the richest people in the world. More so, the entire crypto market is excited about the bank value of these hackers.

One of the hackers is Gummo, a former blackhat hacker releases a video sharing that he owns more than $7 billion worth of Bitcoin. On a calculation, the value is around 150,000 individual coins in his wallets. The interview by Gummo with Soft White Underbelly is now trending in the social media receiving millions of views from March 12th, the date of release.

World’s Richest Crypto Hacker

Interestingly, Gummo disclosed the current wealth of his digital assets on a documentary series channel on YouTube as in his first interview. After the release, it surprised all the viewers through his live incidents of how he became a hacker and still hacking for the past 30 years.  

Besides, on his first appearance Gummo shared the story of how he became a hacker overcoming as many challenges in his life. In addition, Gummo tells of his interest for computers and inculcated a set of hacking techniques which he utilized for many illegal purposes in his teenages.

Besides, Gummo publicly shared his thoughts regarding hacking, 

“At present I am quite rich and wealthy. And, yes I don’t have to work until I choose too. Besides, I have more than $7 billion worth of bitcoins.”

According to CoinMarketCap, the current market value of Bitcoin is $39,228.98 which is spiking up  1.78% in the last 24 hours. Thus, as per the current BTC value, Gummo owns 179,863 Bitcoins at present.

As scams, hacks, and thefts are rising in the crypto industry, the regulations are becoming very strict where some lead to ban cryptocurrencies. To be honest, the rate of cyber crimes have spiked in recent months. 

However, with all his hacking talents, Gummo is ranked as 369th richest man in the  world’s billionaire list with his valuable wealth in digital currencies.

A Professional HR with a huge interest in blockchain technology and cryptocurrency. Through her content writing skills, she became a passionate contributor to the crypto space. Being an active crypto enthusiast she is investing her time and experience into the digital sphere.