Shocking Video: Crypto Trader ends life on live stream after losing last ₹3.75 lakh to scammers

New Delhi (The Uttam Hindu): A cryptocurrency trader known as @MistaFuccYou or "I'm poor" tragically died by suicide during a livestream on X (formerly Twitter) after losing his last ₹3.75 lakh in a memecoin rug pull. The trader, immersed in the volatile world of cryptocurrency, experienced significant financial losses and emotional distress. During the livestream, he displayed a revolver, stating, "If I die, make me a meme coin." After two misfires, the gun discharged fatally. The live broadcast shocked his online audience. Following his death, new meme coins using his name and image emerged, sparking anger within the crypto community. Many criticized the insensitivity of profiting from his death, raising ethical questions about the industry's darker side. Critics also pointed to the dangers of speculative investments and the devastating consequences of rug pulls. While speculation exists about a possible personal breakup contributing to his actions, this remains unconfirmed. The incident underscores the risks of investing in meme-based cryptocurrencies, where hype often outweighs actual value.

This tragedy highlights the mental health challenges associated with high-risk financial markets. It has spurred discussions about the need for increased mental health awareness and support within the crypto community, especially given the extreme market volatility and the pressures of financial loss. Many community members are advocating for more ethical practices and compassion in the digital asset space, suggesting mental health resources for traders and the promotion of responsible investment strategies to prevent similar tragedies.