Indian student committed suicide after becoming a victim of a Bitcoin fraud (report)

Indian student committed suicide after becoming a victim of a Bitcoin fraud (report)

reported, a B.Com student hanged himself from the Indian city of Lucknow in the second year after lost a Bitcoin investment worth 3.5 LAHKS ($ 4,200).

The local police assured that it would examine the tragic incident as soon as the victim's family reported.

Depression and then suicide

according to cover The boy distributed the sum to the sum of an online crypto investment company, which he previously used in use of Telegram had found. The company promised high returns and the student transferred Bitcoin worth over $ 4,200.

However, he received no return on his investment. When he reclaimed his funds, the representative of the organization, with whom he was in contact, answered his calls and stopped all types of communication. The victim felt depressed after the alleged fraud, which provoked him to do the "extreme step", to end his life.

The police officer Santosh Kumar Arya said that the first investigations had shown that the investment company was "real". He added that the law enforcement authorities would be adequately examined if the boy's family submitted a complaint. Arya also confirmed that death was due to suicide because the student used a piece of fabric to hang up.

"The body was sent to the autopsy. His report confirmed death by suicide ... According to the preliminary investigation, the boy hanged after he lost money."

The devastating events in 2022, which led to suicide

is never easy, but it can be extremely difficult if the sum goes into the millions or represents the entire savings of a person. The notorious Crash of Terra In May last year, some people took their lives due to depression due to the severe losses.

reported a Taiwanese jumped from almost $ 2 million. Before that, he invested the funds in Luna - the native token of Terraform Labs, which crashed to practically zero within a few days last spring.

also the daily mail informed preserver-spaces = "true "> about people who had mental problems in the days after the collapse and were thinking of taking life. One of these people whose identity was not revealed and who survived a suicide attempt years ago advised the victims to stay strong in difficult times and to be surrounded by their loved ones.

"Whatever you do, like everything else in life that has ever been. A brighter day will come, and you will be surprised at how life will open your doors again when you allow it," he added.

The demise of the FTX also led millions of investors see how their funds evaporated within a few days. A software developer living in the east England tells Inews that he has lost almost $ 10,000 by investing by the former crypto giant.

He managed to overcome the losses, but admitted to having friends who thought of suicide and, after the catastrophe, struggled with health problems.

.