A BITCOIN trader who was left penniless after robbers raided his home and then stole £280,000 in profit has been found dead in an apparent suicide.
Blogger Pavel Nyashin, 23, had reportedly posted videos on the internet showing piles of cash on the internet he had made – all while revealing his address.
The robbery took place at his apartment just outside St Petersburg in January.
His heartbroken mother said a large amount of the stolen cash belonged to potential Bitcoin investors and he was unable to pay them back.
The cottage where he was staying was raided by a gang dressed in Santa Claus costumes, who stole 20 million RUB (£233,600) and $70,000 (£51,551) in cash.
They also stole a number of iPhone X handsets as well as beating him up pretty badly…
Pavel Nyashin, who blogged about cryptocurrency, as well as providing a consultancy service for potential investors, became severely depressed after the robbery in January.
Police say there was no sign of anyone else being involved in his death.
It is not known if the gang who robbed him has ever been caught.