A hacker nicknamed Gummo highlights that he currently counts on $7 billion worth of BTC. Fortune would place him as the third-largest crypto-millionaire worldwide.
A hacker who uses the nickname ‘Gummo’ recently highlighted that he currently has a $7 billion fortune in Bitcoin or at least 170,750 bitcoins at updated prices. The anonymous hacker revealed his wealth during an interview with Soft White Underbelly posted on YouTube on March 12.
During the meeting, which follows up on a previous interview in 2020, the hacker stated that he has been working in a tech environment for at least three decades or more.
He relates that it all started in his adolescence when he began to develop skills for tech hacking. Gummo says he got raised in a poor environment and hadn’t an easy childhood, but found a way to escape from his reality in computers.
For many years, he implemented his hacking skills to carry out malicious activities as a means of survival. Authorities captured him for extracting and selling at least $10 million worth of code. After dealing with the threat of prison for his malicious activities, Gummo says he’s now committed to using his skills to make things right by serving as a consultant for developers.
An Unusual Story
Gummo also highlighted in the video that he has a massive fortune in bitcoins, which he didn’t precisely collect using his hacking abilities. His enthusiasm for the tech world led him to Bitcoin when the digital asset got valued at less than $1,000.
Around 2013, the hacker built four supercomputers planned to mine Bitcoin when the asset was at a price around $200 and $300. The activity led him to gather more than 80,000 BTC in a year and a half. Judging by his statements, the hacker must currently keep a figure that could even surpass 170,000 bitcoins.
If his claims are correct, Gummo’s current fortune will place him among the wealthiest people in the crypto field. According to the Forbes 400 list for 2021, an annual index of the 400 richest people in the United States of America based on their net worth, the cyber attacker would be among the top three most prominent crypto billionaires.
The hacker’s bitcoins would position him between second and third on the list, between Coinbase co-founder and CEO Brian Armstrong, whose net worth is $11.5 billion, and Chris Larsen, co-founder of Ripple, with $6 billion. Gummo’s crypto wealth would also rank him as the 369th richest person worldwide, according to Forbes in a list made in 2021.
Gummo noted that tactics and procedures faced an evolution in parallel with technology. He believes that the activity of illegal obtaining of data and software can now serve as a war against people. Also, cyber attackers follow these practices more than ever to get easy money and launder money for other people.
By: Jenson Nuñez
