How a Hacker stole $3 Billion worth of Bitcoin but made one Stupid Mistake | Jimmy Zhong

A Hacker who was involved in the early development of bitcoin, stumbled upon a software bug while withdrawing money from his account on Silk Road. Silk Road was an online “darknet” black market. In operation from approximately 2011 until 2013, Silk Road was used by numerous drug dealers and other unlawful vendors to distribute massive quantities of illegal drugs and other illicit goods and services to many buyers and to launder all funds passing through it, Jimmy used the Silk Road website to buy cocaine.

On one September day, Jimmy decides to either buy heroin for a successful weekend or quit this thankless task and finally withdraw all the money from the market, but after double-clicking the withdraw button from his Silk Road account, Jimmy suddenly discovers that the system has allowed him to withdraw double the amount of cryptocurrency. An amount that, by definition, was not in his wallet. After the first fraudulent withdrawal, Jimmy created new accounts and with a few hours of work he stole 50,000 bitcoins worth around $600,000

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