UAE Flight Attendant Faces Jail Over $100K Crypto Loan Default
A former Etihad Airlines flight attendant says he faces up to three years in jail in the United Arab Emirates (UAE) for being unable to make installments on a $100,000 loan he took out to invest in crypto around the all time high.
Reddit user Crypthomie, identified only as a 34-year-old man who is not an UAE citizen, posted an image to the Bitcoin subreddit on June 9 of his repayment schedule for a 338,000 Dirham loan ? approximately $109,000 ?at the time with Emirates Islamic Bank.
