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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 ...

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