I’m a student of one of the eastern tertiary institutions, any one from the east will know that the highest number of ponzi scheme investors come from eastern universities.
Well my close friend spent up to 150k (part borrowed and part of his house rent money) to buy bitcoins for mmm united. Long story short, wallet got hacked money went down the drain, there was a middle man in the bitcoin transaction though, but the guy has been begging for time to raise the money to refund my friend.
The problem is, my friend’s grace period for his house rent payment is expired now and he has a no nonsense land lord who has kicked him out, he’s still squatting with some neighbors for now.
I advised him to confess to his parents but he refused bluntly. insisting he has a good chance of getting his money back from the middle man who bought bitcoins for him.