Steve Wozniak Told How He Lost 7 BTC
February 27, 2018
Co-founder of Apple Steve Wozniak shared a story about how he became a victim of scammers who stole 7 BTC from him. He told it at the ET Global Business Summit 2018 summit, which was held in India.
The Economic Times reports him saying:
"The blockchain identifies who has bitcoins ... that doesn't mean there can't be fraud, though. I had seven bitcoins stolen from me through fraud. <...> Somebody bought them from me online through a credit card and they cancelled the credit card payment. It was that easy. And it was from a stolen credit card number so you can never get it back."
According to Wozniak, he bought some bitcoins back when 1 BTC was worth $700. It is worth noting that in today's prices of the cryptocurrency, the damage caused by scammers to Wozniak exceeds $71,000.
Despite this negative experience, Steve Wozniak remains a supporter of cryptocurrency, although he