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Apple co-founder Steve Wozniak said how he lost seven bitcoins, that means that scammers managed to fool one of the top technology entrepreneurs in the world and steal about $70,000 from his account.

Steve Wozniak confided his experience as a victim of cryptocurrency fraudsters with the public during the Global Business Summit in India.

“I had seven bitcoins stolen from me through fraud. Somebody bought them from me online through a credit card, and they canceled the credit card payment. It was that easy. And it was from a stolen credit card number so you can never get it back.”

Currently, bitcoin trades at about $10,300; thus the stolen amount of bitcoins equals to approximately $72,100.

And when asked about his personal experience in investing in bitcoins, Wozniak replied that he purchased the cryptocurrency at $700 per coin and considered that acquisition as an experiment, not an investment.

“Bitcoins to me was a currency that was not manipulated by the governments. It is mathematical; it is pure, it can't be altered.”

Earlier, in late January at the Nordic Business Forum in Stockholm, Wozniak, whose fortune is estimated at $100 million, said he had sold all his bitcoins.

Wozniak is a well-known cryptocurrency supporter. He praised mathematics-based bitcoin, comparing it to gold.

“There is a certain finite amount of bitcoin that can ever exist. Gold gets mined and mined and mined. Maybe there’s a finite amount of gold in the world, but crypto-currency is even more mathematical and regulated, and nobody can change mathematics.”