Current Events > Bitcoin millionaire kills himself after having fortune stolen.

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FreezerDoor
05/25/18 7:36:44 PM
#1:


https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12046719

A Bitcoin millionaire who was robbed of more than $500,000 after showing bundles of cash on his kitchen table while boasting about his fortune on social media has died in a suspected suicide after he was left penniless. Blogger Pavel Nyashin, 23, lost 24 million Russian rubles (NZ $539,000) after being targeted when he posted videos showing piles of cash on the internet. The videos accidentally gave away his address and made him an easy target for robbers. He was found dead after struggling to deal with the mistake that resulted in the robbery at his home in the village of Lazurniye Berega, just outside St Petersburg in northwest Russia.

The cottage where he was staying was raided by a gang dressed in Santa Claus costumes.. The gang also took a number of iPhone X handsets and crashed his Bitcoin mining farm, which he used to amass his cryptocurrency fortune. Pavel, who blogged about cryptocurrency as well as providing a consultancy service for potential investors, became depressed after the robbery in January. According to his mother, a large amount of the money stolen had been from potential investors and he was unable to pay them back.


https://imgur.com/0KzEVwD
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ProfessorKukui
05/25/18 7:38:35 PM
#2:


Don't brag.
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apocalyptic_4
05/25/18 7:41:15 PM
#3:


I don't feel bad for people flexing online like that.
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CoolBeansAvi
05/25/18 7:41:42 PM
#4:


Don't post about your piles of money on Facebook
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untrustful
05/25/18 7:42:14 PM
#5:


ProfessorKukui posted...
Don't brag.

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gunplagirl
05/25/18 7:42:41 PM
#6:


Gang of roaming Santas robbed him?

That's a 1224.
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pieisthebest
05/25/18 7:42:59 PM
#7:


I probably would've done the same thing if that happened to me, feel real bad for him. Then again I'd never post anything like that on social media to make myself a target though.
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thronedfire2
05/25/18 7:43:32 PM
#8:


How are you a millionaire if youre penniless after having $500k stolen?


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KrystalSNES
05/25/18 7:44:27 PM
#9:


You better watch your back if you're gonnna be a High Roller
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TheBiggerWiggle
05/25/18 7:44:30 PM
#10:


How do you have 500K but not have a damn checking account?
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#11
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Tmaster148
05/25/18 7:47:39 PM
#12:


thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.

FreezerDoor posted...
According to his mother, a large amount of the money stolen had been from potential investors and he was unable to pay them back.


Dude pretty much bragged he had so much money, but he didn't actually own any of it.
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Turtlebread
05/25/18 7:48:16 PM
#13:


TheBiggerWiggle posted...
How do you have 500K but not have a damn checking account?


hardcore bitcoin nerds abhor banks
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thronedfire2
05/25/18 7:49:45 PM
#14:


Tmaster148 posted...
thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.



so..he had nothing in his own bank?
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Cornmuffins
05/25/18 7:50:20 PM
#15:


Damn he got fucked up in that pic
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Tmaster148
05/25/18 7:50:36 PM
#16:


thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.



so..he had nothing in his own bank?


You think a 23 year old living with his mom bragging about money he made from bitcoin that was from investors has anything in his bank account? Or even having a bank account?
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iamintents
05/25/18 7:51:02 PM
#17:


Turtlebread posted...
TheBiggerWiggle posted...
How do you have 500K but not have a damn checking account?


hardcore bitcoin nerds abhor banks

this, ironically.
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thronedfire2
05/25/18 7:51:16 PM
#18:


Tmaster148 posted...
thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.



so..he had nothing in his own bank?


You think a 23 year old living with his mom bragging about money he made from bitcoin that was from investors has anything in his bank account? Or even having a bank account?


the article calls him a millionaire. did you read the title or the OP?
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MorbidFaithless
05/25/18 7:51:19 PM
#19:


Is it wise to invest by giving a private citizen cash money?
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Spidey5
05/25/18 7:51:38 PM
#20:


Conflict posted...
FreezerDoor posted...
a gang dressed in Santa Claus costumes

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0AbsoluteZero0
05/25/18 7:52:00 PM
#21:


CoolBeansAvi posted...
Don't post about your piles of money on Facebook

apocalyptic_4 posted...
I don't feel bad for people flexing online like that.

These so much. It blows my mind how many people post about their money, their illegal drug possession/use, when and where theyre going on vacation, and so much more on Facebook. Its just so incredibly stupid to volunteer this information to the world, regardless of your privacy settings.
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Tmaster148
05/25/18 7:52:04 PM
#22:


thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.



so..he had nothing in his own bank?


You think a 23 year old living with his mom bragging about money he made from bitcoin that was from investors has anything in his bank account? Or even having a bank account?


the article calls him a millionaire. did you read the title or the OP?


I'm aware it calls him a millionaire. He likely had a million worth of bitcoin.
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#23
Post #23 was unavailable or deleted.
thronedfire2
05/25/18 7:53:38 PM
#24:


Tmaster148 posted...
thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.



so..he had nothing in his own bank?


You think a 23 year old living with his mom bragging about money he made from bitcoin that was from investors has anything in his bank account? Or even having a bank account?


the article calls him a millionaire. did you read the title or the OP?


I'm aware it calls him a millionaire. He likely had a million worth of bitcoin.


oh I assumed it was real money

still couldn't he just sell it?
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Tmaster148
05/25/18 8:03:16 PM
#25:


thronedfire2 posted...
oh I assumed it was real money

still couldn't he just sell it?


Someone has to buy it. Simply having the bitcoin is worthless.

Also the other thing I realize is that he might be a millionaire for the country he is in.

Blogger Pavel Nyashin, 23, lost 24 million Russian rubles (NZ $539,000) after being targeted when he posted videos showing piles of cash on the internet.


Also it was converted to NZ currency. It's actually more like $385K USD.
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juicebox4
05/25/18 8:05:08 PM
#26:


wow
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thronedfire2
05/25/18 8:05:26 PM
#27:


lost 24 million Russian rubles

so yeah it was fake money
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sauceje
05/25/18 8:05:58 PM
#28:


gunplagirl posted...
Gang of roaming Santas robbed him?

That's a 1224.

That's my birthday!
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FightingGames
05/25/18 8:09:01 PM
#29:


"yo gimme dat Ethereum, boi"
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Banjo2553
05/25/18 8:10:30 PM
#30:


This is why it's always a bad idea to brag or even mention online that you're rich.
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ThePieReborn
05/25/18 8:12:42 PM
#31:


https://www.youtube.com/watch?v=ULeDlxa3gyc" data-time="


The Harry Enfield approach is likely to backfire in real life.
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DK9292
05/25/18 8:13:19 PM
#32:


thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
Tmaster148 posted...
thronedfire2 posted...
How are you a millionaire if youre penniless after having $500k stolen?



It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.



so..he had nothing in his own bank?


You think a 23 year old living with his mom bragging about money he made from bitcoin that was from investors has anything in his bank account? Or even having a bank account?


the article calls him a millionaire. did you read the title or the OP?


I'm aware it calls him a millionaire. He likely had a million worth of bitcoin.


oh I assumed it was real money

still couldn't he just sell it?

The article says they crashed his Bitcoin farm.
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Offworlder1
05/25/18 8:14:01 PM
#33:


This is a classic case of couldnt keep that shit to himself, if you are stupid enough to brag and flaunt your new found wealth expect people to come steal from your ass.

I understand he was very happy with his wealth but its extremely stupid to put a target on your back.
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Tmaster148
05/25/18 8:14:12 PM
#34:


DK9292 posted...
The article says they crashed his Bitcoin farm.


To be fair, that doesn't mean he lost the coins unless he wasn't using a wallet service and had only stored a copy of his private key on his farm.
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Tropicalwood
05/25/18 8:16:50 PM
#35:


When will these kind of idiots finally realize that you shouldn't be posting about having millions just laying around your house.
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Tyranthraxus
05/28/18 4:16:29 AM
#37:


Tmaster148 posted...
Dude pretty much bragged he had so much money, but he didn't actually own any of it.

No. The physical money he had was stolen.
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KrystalSNES
05/28/18 11:16:12 AM
#38:


He had alot of money but didn't invest in a firearm or advanced security to his home?
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Tyranthraxus
05/28/18 11:35:30 AM
#39:


KrystalSNES posted...
He had alot of money but didn't invest in a firearm or advanced security to his home?

a firearm probably wouldn't help. It was just him alone vs a group of robbers. They beat him up and took the money.
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TheVipaGTS
05/28/18 11:39:30 AM
#40:


Tmaster148 posted...
It wasn't his money that was stolen. The money stolen was money he was given by people to invest and now he can't pay them back.

well that makes sense.
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Anarchy_Juiblex
05/28/18 11:43:56 AM
#41:


I bet that fucking idiot went around calling people "normie" too.
Also who the fuck does that shit in Russia of all places?
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FairyLeviathan
05/28/18 11:44:21 AM
#42:


A Bitcoin millionaire who was robbed of more than $500,000 after showing bundles of cash on his kitchen table while boasting about his fortune on social media


Literally King Hezekiah
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TheMikh
05/28/18 11:46:01 AM
#43:


don't broadcast your wealth
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Bluebomber182
05/28/18 11:47:09 AM
#44:


reindeer games 2 russian boogaloo
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deupd_u
05/28/18 11:51:54 AM
#45:


Tyranthraxus posted...
a firearm probably wouldn't help. It was just him alone vs a group of robbers. They beat him up and took the money.

https://www.dailydot.com/wp-content/uploads/f10/f1/686bf45f96ce06af9dd5324453868273.jpg
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Ricemills
05/28/18 11:56:10 AM
#46:


FreezerDoor posted...
The gang also took a number of iPhone X handsets and crashed his Bitcoin mining farm, which he used to amass his cryptocurrency fortune.


something tells me that this is not just a standard robbery
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Anarchy_Juiblex
05/28/18 12:10:29 PM
#47:


He got out of life when he should have hodled.
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southcoast09
05/28/18 12:13:26 PM
#48:


I feel very sad that something like this story happened. It really shows you how greedy and selfish some people are to just steal what another man earns. I think the thieves should face homicide charges.

With that said, if I ever got super rich, my immediate family would probably be the only people Id tell.

When somebody finds that you have money, people can start to resent you and develop an entitlement to your money. I had surgery and you didnt offer to pay!?
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#49
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FairyLeviathan
05/28/18 12:21:17 PM
#50:


You got to know when to hold 'em
Know when to fold 'em
Know when to walk away
Know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done

Should'a listened to the gambler
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Solar_Crimson
05/28/18 12:47:55 PM
#51:


FreezerDoor posted...
A Bitcoin millionaire who was robbed of more than $500,000 after showing bundles of cash on his kitchen table while boasting about his fortune on social media has died in a suspected suicide after he was left penniless. Blogger Pavel Nyashin, 23, lost 24 million Russian rubles (NZ $539,000) after being targeted when he posted videos showing piles of cash on the internet. The videos accidentally gave away his address and made him an easy target for robbers.

It sucks, but I don't really have much sympathy for him. He did it to himself.
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