Home / Crypto Currency / Recover My Bitcoins Or I’ll Blow Up Miami Airport: Indian Teen Threatens FBI

Recover My Bitcoins Or I’ll Blow Up Miami Airport: Indian Teen Threatens FBI

Scams are nothing new in the crypto industry. From ICOs that received money and then vanished to trading sites that went down with investors’ funds, there is no shortage of people who’ve lost their hard-earned money in their pursuit of the Bitcoin millions. For most, the logical next step was reporting the crime to authorities and letting them investigate. Not for one Indian teenager. The young man had received some money from his father to invest in cryptos and he had been doing well. This was until he met an online stranger who promised him unbelievable returns. When the stranger made away with the money, the teenager called the FBI for a month for help. When none was forthcoming, he threatened to blow up the Miami Airport.

50 Calls Later

The young man, whose name was withheld, had received $1,000 from his father who runs an NGO to invest in cryptos. According to The Hindustan Times, he had been thriving and had turned in some decent profits over the past five months. Unfortunately, the young man met a stranger who claimed to be from the U.S on an online gaming platform. The stranger promised the naïve teenager that he would help him make even better returns and, unaware of what he was walking into, the young man transferred $1,000 to the stranger.

After the stranger made way with the money, the young man knew what he had to do; call the FBI. After all, the FBI solves all the mysteries in the movies. According to the report, he called the FBI at least 50 times between October 2nd when he lost the money and October 31st.

Frustrated that the elite FBI was offering him no help, the young man decided to go a step further. After he set up a fake identity and acquired phone numbers under these identity, he then called the FBI threatening to blow up the Miami International Airport. He didn’t stop there either; he called the airport authorities as well, threatening to carry out an attack by “barging into it equipped with an AK-47 assault rifle, grenades and a suicide belt.”

According to a report by Gizmodo, the FBI had taken the issue up and was already investigating the alleged crime when the threats started. The bureau then reached out to India’s National Investigation Agency to help track down the caller. The matter was taken over by the local anti-terrorism squad who tracked down the young man.

The young man was not arrested as he was just 18 years old, the local police chief revealed. Multiple charges have been leveled against him however under the Indian Penal Code for issuing threats as well as for impersonation.

While threatening to blow up an airport is new, losing cryptos to fraudsters has become a common occurrence. Despite the increased awareness campaigns to sensitize investors on the red flags to look out for, many are still falling for the scams.

Read more

Check Also

Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.