Truth or fiction? Popular former hacker claims to have $7B in BTC

cointelegraph.com:

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 — which has 3.18 million subscribers — 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.

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 — thanks to the support and counsel of his wife — such as threat hunting, cybersecurity and developer consulting.

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.

According to his claims, he has now amassed roughly 179,000 BTC. If his holdings are calculated at current prices that would rank him at around the 369th richest person globally according to Forbes’ 2021 world’s billionaires list:

nothing will impede the simplicity & decentralized future #Bitcoin .:)

Gummo 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.

“Knowing that I'm preventing someone’s grandmother from being a victim of some sort of cyber extortion scheme, that’s the