The post Is This The Biggest Bitcoin Theft? Crypto Trader Lost $1.4 Billion Worth BTC appeared on BitcoinEthereumNews.com.

Despite the introduction of Bitcoin in 2009, it took time for people to notice and any crypto trader to acknowledge it as something big. It was far more advanced technology than people had thought of. This is why it was called a scam, fraud, and much more, and some people still call it the same. However, over the last fifteen years, the crypto trading industry grew exponentially and made Bitcoin 0.1% of the world capital. It is now $1.15 trillion in market capitalization, where the BTC price has grown to 58.8K. This growth came with thousands of people acknowledging it. Some stuck to it from the beginning, whereas most were new. However, this journey has not always been easy. Many crashes, downfalls, and even Bitcoin thefts caused troubles, including the Mt Gox hack. More importantly, there was one more incident in which a crypto trader lost $1.4 Billion worth of BTC, making it one of the biggest crypto thefts in history. Crypto Trader ALLINVAIN Lost $1.4 Billion in Bitcoin Theft Bitcoin was not always glorious, as there was a time when there were no regulations and no proper exchanges. At that time, only a few people had heard of it and were interacting with this technology. One of those people is ALLINVAIN, an anonymous crypto investor whose identity is still unknown. However, his presence in the crypto world is significant as he has mined thousands of BTC tokens. Nevertheless, after so many years, Bitcoin mining has turned difficult, with rarely any solo Bitcoin miner hitting jackpots. Thankfully, few are maintaining the industry demand. As per the popular crypto trading influencer, Bitcoin Historian, this ALLINVAIN was introduced with Bitcoin in 2010, and by 2011, he had 25,000 BTC. Not only that he was a crypto investor, but he also founded a…

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Filed under: News - @ September 16, 2024 1:27 pm