Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Bitcoin Investment Advisor Robbed and Assaulted in Dubai

Published 05/26/2022, 09:15 AM
Updated 05/26/2022, 09:30 AM
© Reuters.  Bitcoin Investment Advisor Robbed and Assaulted in Dubai

  • Six people were jailed for assaulting and robbing a crypto advisor and his wife.
  • The gang had lost a massive amount after heeding the investor’s advice.
  • $200,000 and other assets were stolen from the couple.

A gang of six were convicted and given a jail term of six months for assaulting and robbing a crypto investment advisor in Dubai. According to Dubai police, a man and his wife were assaulted at their residence. Moreover, $200,000, two phones, three watches, and a diamond ring valued at Dh390,000 were stolen from the couple.

The victim, a European cryptocurrency advisor, had offered his advice to the defendants regarding crypto investment. Following his advice, the group invested $30 million into a popular coin. The amount tripled overnight and the team made a massive profit. However, during the global crypto crash, the accused lost much of their money.

After the bone-crushing loss, the gang contacted the advisor aski ...

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.