16 wild Bitcoin tales of rags to riches (and vice versa)

Thinking of investing in Bitcoin? Read these nutty stories first.

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#10 Just transfer the Bitcoin and nobody gets hurt

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Unfortunately, anything that has value comes with a little risk – as we’ve already discussed, with Mt Gox. But sometimes that risk can be real-world too, as one 28-year old Brooklynite found out the hard way in 2015, after arranging to trade Bitcoin over Craigslist. The deal was set up and agreed fine, but when the man went to meet his would-be traders, he was led to a car, supposedly to “finalize the deal”. Once inside, someone on the backseat pulled a gun, and ordered him to (metaphorically) handover an amount of Bitcoin which at the time was worth $1100. If karma exists, these robbers cashed their crypto-loot in straight away, and haven’t managed to cash in on the recent explosion in Bitcoin’s value.