{"id":416792,"date":"2022-03-16T09:02:53","date_gmt":"2022-03-16T06:02:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/truth-or-fiction-popular-former-hacker-claims-to-have-7b-in-btc\/"},"modified":"2022-03-16T09:02:53","modified_gmt":"2022-03-16T06:02:53","slug":"truth-or-fiction-popular-former-hacker-claims-to-have-7b-in-btc","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/truth-or-fiction-popular-former-hacker-claims-to-have-7b-in-btc\/","title":{"rendered":"# Truth or fiction? Popular former hacker claims to have $7B in BTC"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40b6002d14e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40b6002d14e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/truth-or-fiction-popular-former-hacker-claims-to-have-7b-in-btc\/#%E2%80%9D_Truth_or_fiction_Popular_former_hacker_claims_to_have_7B_in_BTC_%E2%80%9C\" >&#8221; Truth or fiction? Popular former hacker claims to have $7B in BTC  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Truth_or_fiction_Popular_former_hacker_claims_to_have_7B_in_BTC_%E2%80%9C\"><\/span>&#8221; Truth or fiction? Popular former hacker claims to have $7B in BTC  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>A former blackhat hacker who goes by the name Gummo online claims to have amassed around $7 billion worth of Bitcoin (BTC). <\/p>\n<p>Despite a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=3ZtkMmVDNEo\">flood<\/a> of positive <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=g6igTJXcqvo\">comments<\/a> and posts relating to his interviews with the Soft White Underbelly <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">YouTube<\/a> channel \u2014 which has 3.18 million subscribers \u2014 information about Gummo is scarce elsewhere, which could either be by design or suggest that a large pinch of salt may be required when listening to his extravagant claims. <\/p>\n<p>He said that he has been working in the field for more than 30 years, and while he started hacking for illicit reasons and got caught by authorities, he has since turned to doing good work \u2014 thanks to the support and counsel of his wife \u2014 such as threat hunting, cybersecurity and developer consulting. <\/p>\n<p>The latest comments came as part of a follow up interview published on March 12, after the initial discussion occurred in late 2020. During the first video, Gummo stated that he built four supercomputers to mine Bitcoin when it was priced at around $200-300 back in 2013, and generated more than 80,000 BTC within a year and half. <\/p>\n<p>According to his claims, he has now amassed roughly 179,000 BTC. If his holdings are calculated at current prices that would rank <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/billionaires\/\">him<\/a> at around the 369th richest person globally according to Forbes\u2019 2021 world\u2019s billionaires list: <\/p>\n<blockquote><p>\u201cI\u2019m quite wealthy. Yeah, I do not have to work if I don\u2019t choose to. I have over seven billion dollars worth of Bitcoin. \u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">nothing will impede the simplicity &amp; decentralized future <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <\/p>\n<p>.<br \/>\ud83d\ude42<\/p>\n<p>\u2014 Gummo (@GummoXXX) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/GummoXXX\/status\/1500989909405941773?ref_src=twsrc%5Etfw\">March 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nGummo stated that his current work in hacking is not motivated by the desire to have a job or money, but by helping the little guy, as he emphasized the importance of choosing to do the right thing and protect people from online evil. <\/p>\n<p>\u201cKnowing that I&#8217;m preventing someone\u2019s grandmother from being a victim of some sort of cyber extortion scheme, that\u2019s the thing I get up for each day and those are the things that motivate me currently,\u201d he said. <\/p>\n<p>Speaking on the dark side of technological advancement, Gummo warned that the hacking has quickly evolved from \u201chaving endless java<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">script<\/a> pop-ups\u201d humorously spam PCs to the weaponization of data and software against people: <\/p>\n<blockquote><p>\u201cThe landscape is growing darker and more sinister as more people wish to seek their wealth. Whether it be cryptocurrency theft or traditional theft of banking systems.\u201d<\/p><\/blockquote>\n<p>\u201cThe fact that governments now are keen to begin a war on just the idea of software being deployed is quite frightening and unfortunately that will be society\u2019s new reality,\u201d he added.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>No crypto for criminals: Coinjoin BTC mixing tool to block illicit transactions<\/em><\/strong><\/p>\n<p>Looking at the response to the both interviews, it appears Gummo is fast becoming a beloved figure due to his back story which includes a difficult upbringing, the loss of loved ones and a significant shift from the dark side of hacking to helping people online. <\/p>\n<p>The latest video has 14,000 likes so far and there is an almost endless amount of positive feedback for the figure, while the first video has 144,000 likes and the same sentiment in the comments. <\/p>\n<p>\u201cThis man has inspired me to pursue cyber security with good intent. I&#8217;m a broke teacher, LOVE teaching because it helps students so never focused on the paycheck. Now too old to teach. Considered cyber security as a new career to pay the bills, but Gummo has given more meaning to this career, will now pursue the career to make the world a better place too. Thank you Gummo,\u201d wrote YouTube user \u201cZim Petrichor.\u201d <\/p>\n<p>User \u201cquicklern818\u201d stated that: \u201cI don&#8217;t think we&#8217;re ever going to see this man again, and in a way, I feel that&#8217;s appropriate \u2014 he&#8217;s like a guardian angel, working behind the scenes and always watching. Sending love to him and his family, and a thank you for all of his hard work.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/f2ab38d0-9a9f-48e0-a0fb-7f6af9fe8b9e.png\"><figcaption style=\"text-align: center;\"><em>Comments on Gummo follow up interview: Soft White Underbelly YouTube channel<\/em><\/figcaption><\/figure>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/truth-or-fiction-popular-former-hacker-claims-to-have-7b-in-btc\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Truth or fiction? Popular former hacker claims to have $7B in BTC &#8220; A former blackhat hacker who goes by the name Gummo online claims to have amassed around $7 billion worth of Bitcoin (BTC). Despite a flood of positive comments and posts relating to his interviews with the Soft White Underbelly YouTube channel&#8230;<\/p>\n","protected":false},"author":1,"featured_media":416793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvNzZiYzcxOTYtZjRiMS00NGE5LWIyNmItZjY0YzUzNTljMGJhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74989,74894,76978,74882,75042,70375,70944],"class_list":["post-416792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-mining","tag-blockchain","tag-cybercrime","tag-hacks","tag-mining","tag-cybersecurity","tag-hackers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=416792"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/416793"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=416792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=416792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=416792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}