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
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