{"id":4097,"date":"2023-04-30T06:55:39","date_gmt":"2023-04-30T10:55:39","guid":{"rendered":"http:\/\/leadingcryptonews.com\/indian-investor-committed-suicide-after-losing-money-on-bitcoin-report\/"},"modified":"2023-04-30T06:55:39","modified_gmt":"2023-04-30T10:55:39","slug":"indian-investor-committed-suicide-after-losing-money-on-bitcoin-report","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/indian-investor-committed-suicide-after-losing-money-on-bitcoin-report\/","title":{"rendered":"Indian Investor Committed Suicide After Losing Money on Bitcoin (Report)"},"content":{"rendered":"<p> <br \/>\n<br \/><noscript><img decoding=\"async\" class=\"lazyload\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2022\/11\/death.jpg\" \/><\/noscript><\/p>\n<div>\n<p><span data-preserver-spaces=\"true\">A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy found no evidence of violence, suggesting he committed suicide.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The man supposedly invested in shares and bitcoin, hinting that a potential loss on his investment could be one reason behind his unnatural death.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Another Indian Jumping off a Bridge<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">A recent coverage\u00a0<\/span><span data-preserver-spaces=\"true\">informed<\/span><span data-preserver-spaces=\"true\"> that the Indian police found the body floating in the Hooghly River, several miles north of Kolkata. The individual, whose name was not disclosed, had gone missing on April 16.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A close relative of the man told law enforcement agents that the victim did not seem to have any major issues. He lived with his wife and son in a flat on Roy Bahadur Road \u2013 one of Kolkata\u2019s best areas.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A further investigation, though, estimated that he might have invested some funds in stocks and bitcoin, whereas a downturn in those investments could have pushed him to end his life.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A local police officer thinks it is too early to arrive at the conclusion that dealing with BTC might have played a role in the tragedy.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cHe was in service, but we don\u2019t know anything about his investments, leave alone investments in Bitcoin. We also don\u2019t know why he went near the river. We would request all not to jump to a conclusion,\u201d the policeman added.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The victim\u2019s family has not filed a complaint against a possible murder. A thorough investigation will try to determine the motive behind the potential suicide.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The police of Kolkata had to cope with another similar case earlier this month when a 23-year-old man\u00a0<\/span><span data-preserver-spaces=\"true\">tried<\/span><span data-preserver-spaces=\"true\">\u00a0to jump off a river bridge. The individual explained he wanted to commit suicide because he suffered severe losses from investing in cryptocurrencies.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Suicide in Lucknow<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Investing in digital currencies hides its risks, and people should allocate only as much as they are ready to lose. As <\/span><span data-preserver-spaces=\"true\">CryptoPotato<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">reported<\/span><span data-preserver-spaces=\"true\"> in March, a second-year B.Com student from the Indian city Lucknow did not follow that guidance and hanged himself after parting with a $4,200 BTC investment.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The boy was caught in a crypto scam that promised high returns. Nonetheless, he did not receive any yield, while the scheme\u2019s representatives he was in touch with ceased communication with him. The victim felt depressed and took his life shortly after realizing the fraud.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cThe body was sent for post-mortem. Its report confirmed death due to suicide\u2026 According to the preliminary investigation, the boy hanged himself after losing money,\u201d the police stated.<\/span><\/p>\n<\/blockquote>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (terms).<\/p>\n<p><b>PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/indian-investor-committed-suicide-after-losing-money-on-bitcoin-report\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy found no evidence of violence, suggesting he committed suicide.\u00a0 The man supposedly invested in shares and bitcoin, hinting that a potential loss on his investment could be one reason behind his unnatural death. Another Indian Jumping off a Bridge A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indian Investor Committed Suicide After Losing Money on Bitcoin (Report) - Leading Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadingcryptonews.com\/indian-investor-committed-suicide-after-losing-money-on-bitcoin-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Investor Committed Suicide After Losing Money on Bitcoin (Report)\" \/>\n<meta property=\"og:description\" content=\"A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy found no evidence of violence, suggesting he committed suicide.\u00a0 The man supposedly invested in shares and bitcoin, hinting that a potential loss on his investment could be one reason behind his unnatural death. 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