Schuyler man reports losing $33K in cryptocurrency scam

SCHUYLER, Neb. -- An eastern Nebraska man claims to have lost nearly $33,000 in a cryptocurrency investment scam.

Grand Island Police are investigating the claim, saying Edwin Castillo of Schuyler lost the money over the court of eight months by being advised to invest in Bitcoin.

Castillo told police the website he used to invest the money crashed, and he's no longer able to use it.

There's been no word as to why Grand Island Police are handling the investigation.