A 49-year-old resident of Kolkata, India, reportedly drowned within the Hooghly River. The main post-mortem discovered no proof of violence, suggesting he dedicated suicide.
The man supposedly invested in shares and bitcoin, hinting {that a} potential loss on his funding might be one cause behind his unnatural loss of life.
Another Indian Jumping off a Bridge
A current protection knowledgeable that the Indian police discovered the physique floating within the Hooghly River, a number of miles north of Kolkata. The particular person, whose title was not disclosed, had gone lacking on April 16.
An in depth relative of the person instructed regulation enforcement brokers that the sufferer didn’t appear to have any main points. He lived along with his spouse and son in a flat on Roy Bahadur Road – one among Kolkata’s greatest areas.
An additional investigation, although, estimated that he may need invested some funds in shares and bitcoin, whereas a downturn in these investments may have pushed him to finish his life.
A neighborhood police officer thinks it’s too early to reach on the conclusion that coping with BTC may need performed a task within the tragedy.
“He was in service, but we don’t know anything about his investments, leave alone investments in Bitcoin. We also don’t know why he went near the river. We would request all not to jump to a conclusion,” the policeman added.
The sufferer’s household has not filed a grievance in opposition to a attainable homicide. A radical investigation will attempt to decide the motive behind the potential suicide.
The police of Kolkata had to deal with one other comparable case earlier this month when a 23-year-old man tried to leap off a river bridge. The particular person defined he needed to commit suicide as a result of he suffered extreme losses from investing in cryptocurrencies.
The Suicide in Lucknow
Investing in digital currencies hides its dangers, and other people ought to allocate solely as a lot as they’re able to lose. As CryptoPotato reported in March, a second-year B.Com pupil from the Indian metropolis Lucknow didn’t comply with that steerage and hanged himself after parting with a $4,200 BTC funding.
The boy was caught in a crypto rip-off that promised excessive returns. Nonetheless, he didn’t obtain any yield, whereas the scheme’s representatives he was in contact with ceased communication with him. The sufferer felt depressed and took his life shortly after realizing the fraud.
“The body was sent for post-mortem. Its report confirmed death due to suicide… According to the preliminary investigation, the boy hanged himself after losing money,” the police acknowledged.
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