A man from Telangana ends life with loss in Crypto trading!

Thu Nov 25 2021 18:19:43 GMT+0530 (IST)

In an unfortunate incident, a person from Telangana's Khammam district took the extreme step and ended his life after he reportedly lost a big amount in cryptocurrency. As the amount he reportedly lost is in lakhs, the victim is believed to have opted for the extreme step.

Going into details a person who belongs to Khammam district in Telangana had invested lakhs of amount in the cryptocurrency. Sadly, the trading turned out to be a loss-making one for the victim. He was reportedly found dead in a lodge room. The same was informed to the cops by the lodge owner.

After the victim did not respond to the calls and was not opening the doors even after multiple knocks, the lodge owner got a doubt and called the cops. The Police barged into the lodge room and found that he was dead. He reportedly lost his life by taking poison.

Media reports claim that the person had lost around Rs 70 lakhs in cryptocurrency trading. The amount he lost was gathered by the victim by taking loans from others. As the loan givers have started to pressure the victim to pay back the money. Unable to pay back the money, he reportedly lost his life.

It has been widely reported that the victim has mentioned in the suicide letter that the pressure he has been facing from the loan givers had forced him in taking the extreme step.