Home Cryptocurrency How Turkish Investor Lost Bitcoins Worth $170K Today

How Turkish Investor Lost Bitcoins Worth $170K Today

A Turkish Investor lost over $170,000 worth of Bitcoins after losing access to his online wallet account. He couldn’t find nor remember the details of its login with no other way to access his coins.

The investor made the passionate appeal on Reddit, one of the world’s most popular online forums. He also promised a “40% reward” to anyone who had a way of recovering the BTC for him.

When realising it isn’t physical possible, he went ahead to urged crypto enthusiasts to take care of their private keys. Although, they were a few backlash and criticism from the thread, as other investors criticized him for being careless.

According to them, he shouldn’t have kept such huge amount of money in an online wallet, when there are lots of hardware wallet like Trezor Wallet and Ledger Nano S.

Due to the transparency and efficiency of most online crypto exchange, South Korean National Assembly have picked a date to debate cryptocurrencies.

The debate will occur with the members of Congress and was arranged by the local cryptocurrency exchange Upbit and Bithumb.

They will debate about the importance of crypto exchange establishment and the importance of regulatory framework. According to the crypto community in South Korea, this is a positive development.

Crypto enthusiast in the country considers it a regulatory advancement and a necessity for the industry as a whole in order to ensure transparency in the cryptomarket.


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