Bitcoin-Deal-Goes-Wrong-and-Indian-Teen-Threatens

Users handling virtual currencies must be very careful which kind of deal they make. Not everything is so easy in an unregulated market such as this one. And sometimes, younger generations get in trouble in easier ways than those adults.

This time, an 18-year-old teenager from India decided to call the Miami airport and threaten to blow it up. He took this drastic decision after the FBI did not receive his complaints about a bad Bitcoin deal. The teen was later arrested by the UP Anti-Terrorist Squad (ATS) from the Jalaun district, part of Uttar Pradesh.

The teen closed a bitcoin deal in which he had to give some Bitcoins with the intention to receive back a juicy profit. Nevertheless, everything turned out to be a scam. He lost his Bitcoins and decided to call the FBI to see if there was a way to return his BTC coins.

The Federal Bureau of Investigation did not provide him with an appropriate response, or at least, not the response he was waiting for. Rs 70,000 or less than $1,000 dollars. According to some reports, the teenager made over 50 calls to the FBI without receiving the answer expected.

As he was angry with the response provided by the FBI, he decided to make a fake threat call to the Miami airport.

He said to the ATS officials:

“After not getting proper response from FBI, I made calls to Miami Airport authorities and threatened an attack. I told them that I would bring AK-47s, grenades and suicide belts and blow up the airport.”

This situation can only show the lack of proper information that the Indian population has about virtual currencies. India has taken several measures in order to avoid users to get involved in virtual currencies. Additionally, trading activities have been harmed by different decisions taken by agencies of the government.

India does need to implement proper regulations, go behind scams and fake investment proposals and allow interested users to start using virtual currencies.

This is not the first time a user get scammed in the crypto space. There are several Ponzi schemes that promise unbelievable returns that end up imploding. One of these examples is BitConnect.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

seven + 6 =