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Teenager Maximilian Schmidt started Shiny Flakes in his bedroom and made millions running his online drug business. Maximilian kept his money in Bitcoins and ran his business, while living at home in Leipzig, in Germany. ► Comment your thoughts ___________________________________________ PREVIOUS - VIDEO: The END of Spotify ► • The END of Spotify | Why Spotify is the bi... ⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ Check Out FBE Capital on IG ⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯ ✔ INSTAGRAM ► / fbe_favourites ✔ FACEBOOK ► / financebankingexplained #MaximilianSchimdt #shinyflakes #cybercrime #germany #onlinescams #hacking #leipzig So not only did Max secure more than 2,000 lbs of product in total, but he also managed to get only 7 years in juvenile detention, even though he was already 19, at the time of the arrest. Now while most news stories mention that Max made around $5 million dollars in total, they often forget that the police recovered around 1197 Bitcoins form his wallets, which at today’s valuation of $47,000 dollars, comes down to a total value of $56 million. Video Structure: 00:00 Intro 00:15 Maximilian's total earnings 01:04 Keeping a low profile 01:47 How Maximilian Schmidt got started 03:16 Order overload 04:15 How did Max set up his business This all started with the infamous Silk Road, that Max was introduced to by a fellow hacker, since Max was already involved with internet crimes, long before he started shiny flakes. Max started out with some small hacks here and there and selling account information online, to other hackers and scammers. While doing so, he got introduced to Silk Road and the platform sparked immediate interest with him. Disclaimer The value of investments can up as well as down. Buy and Sell at your own discretion and always act with prudence when making investment decisions. The income derived from this is not guaranteed. Make sure you have a well balanced and diversified portfolio. This will limit your exposure to fluctuations in a specific security. So this means spreading out your investments across, money market funds, low risk ETF’s, stable high yield dividend stocks, growth stocks and if you want the added risk, you could opt for forex, crypto and volatile penny stocks. Never invest all you savings or all your monthly/yearly income, but only the money you can offered to lose. About - FBE Capital We dive into the world of international finance and banking, providing financial advise on a whole host of issues including, financing, banking, lending, mortgages, investing, trading, forex, borrowing, debt, credit & credit cards, passive income, regulations, and many more subjects. New York 2021/2022