I knew it would only be a matter of time before stories like this started to surface it almost likened to the great depression. For him to get to that stage he must of been suffering badly with depression that he only saw that way out.
I don't think he was depressed because of the downfall of crypto he invested maybe he was already suffering it with other reason and cannot just take it all when he saw that his investments was going down for a full month. People shouldn't take this seriously too much because this is an unpredictable when talking about cryptocurrency.