ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

When Money Fell from the Sky: Cash Drop Creates Chaos At Zurich Park, Leaves Child Injured

The creator who goes by the name Oracle hid behind a golden mask while executing the stunt.
PUBLISHED JUN 9, 2024
Cover Image Source: Unsplash | Photo by Eyestetix Studio
Cover Image Source: Unsplash | Photo by Eyestetix Studio

A public park in Zurich, Switzerland, witnessed some unusual weather recently. Bills of 10 Swiss Francs (~$11) rained from the skies on hundreds of people who rushed to collect them. The stunt was executed by a mysterious social media star named, Oracle. As per the creator’s videos, about 24,000 Swiss francs were dropped from a drone in the viral stunt. While some made free money, a 12-year-old child was seriously injured in a stampede, as per UNN. According to eyewitnesses, Oracle was also present in the park during the rally, wearing his distinctive golden mask.


@oraclecomicsschweiz

💸 für e goldigi zuekunft

♬ Originalton - Oracle Comics

 

Money Raining from The Heavens 

Hundreds of people gathered near Lake Zurich to catch the bills, Oracle dropped from a drone. In the series of videos shared on TikTok, the creator documented the entire stunt, from how the bills were attached to the drone to dropping them over the crowd. 

However, the incident may have landed the creator in trouble as it was not coordinated with the authorities, as per the UNN report. A 12-year-old schoolboy who was among the crowd was seriously injured by a sharp object and was rushed to the hospital. The prosecutor's office subsequently launched an investigation into the matter which could lead to action against Oracle, whose identity remains unknown.

Is Oracle’s Viral Plan Part of European Policy?

A helicopter drop similar to Oracle’s stunt is an expansionary fiscal or monetary policy that governments can undertake to stimulate the economy. Typically, such policy is financed by an increase in an economy's money supply, as per Investopedia. Back in 2019, due to sustained weak economic conditions in Europe, economists were considering the unconventional policy option of ‘helicopter money’, as per CEPR. 

While the economic conditions are again strained, Oracle’s stunt doesn’t seem to have links with any policy or official action.

Representative Image | Unsplash | Photo by Isaac Benhesed
Representative Image | Unsplash | Photo by Isaac Benhesed

Raining Money is Not That Uncommon 

Last year in a similar stunt, a Czech TV star and social media celebrity, dropped around one million dollars from a helicopter. Kamil Bartošek, who goes by Kazma Kazmitch on social media, pulled the stunt after promising an unforgettable gift for his followers. 

The star announced a competition via his own social network platforms and decided to reward everyone who took part in it. The participants were instructed to meet up for an event at a location where the influencer dropped the money from the skies, according to Spanish newspaper La Vanguardia.



 

However, sometimes, free money sometimes comes at a cost. Last month, in Australia, a malfunction in four ATMs at Sydney's Star Casino led to a disbursement of over $3.2 million in free cash over a two-week period, the Daily Mail Reported. 

A software glitch occurred in machines that provide cash for tickets. People discovered when the machines were fed more than one ticket, they paid out for all tickets but docketed only one. This meant the machine spewed back all the remaining tickets and gamblers could keep refeeding them to take out more money. 



 

Over 43 people took advantage of the bonanza and the machines dispensed $3,219,420 over 13 days. After the fault was detected, people who took advantage of the situation were reported to police. While many had to repay the money, some were even arrested for fraud and deception. 

MORE ON MARKET REALIST
This was less than the median down-payment of $34,000 that Americans paid last year.
7 hours ago
Since Bitcoins were stored in digital wallets, for the next whole day, Koch frantically searched for the password to his wallet. 
1 day ago
Amid high interest rates and ballooning monthly mortgages, a photo of a mortgage payment slip from 1952 has baffled people.
1 day ago
Ikea’s campaign showcased the towel's versatility and took a dig at high fashion by offering the product for much lower.
1 day ago
"Wow spending $109 at Albertsons just for a couple of basics is brutal"
1 day ago
The six mile stretch nicknamed "Road to Nowhere" now sits as a popular tourist destination.
2 days ago
The creator couple, who booked the room at Caesar’s Palace, claimed they were accidentally upgraded.
3 days ago
Viewers were shocked to see the price difference between now and back then.
4 days ago
"These companies are desperate to make you blame the employee for the extra cost instead of them accepting a slightly lower profit margin."
5 days ago
"This is one of the best tips I can give as it has always worked for me," she said.
6 days ago
The man accidentally threw away the disk that had the Bitcoin, now worth roughly $482.1 million, in 2013.
6 days ago
You need to look for the series date located on the right of the photograph of George Washington.
6 days ago
The $1.99 necklace turned out to be a piece of art from Aaronel deRoy Gruber.
7 days ago
“It’s bonkers, and trying to prove where we were is quite hard," she said.
Sep 9, 2024
Winfrey assures him that it isn't too expensive saying that it costs only about "a hundred something" dollars.
Sep 9, 2024
While the creator shared anecdotes from her life, research also supports her claim.
Sep 8, 2024
Chris Robarge went viral for sharing a heartwarming story of his anonymous landlord.
Sep 8, 2024
Navinder Singh Sarao, who was nicknamed the 'Hound of Hounslow', was accused of 'spoofing' the market.
Sep 8, 2024
The traveller took to X to share the screenshots of the apps showing the price difference.
Sep 8, 2024
Many took to the comment section and talked about the situation, with some saying that it was no big deal.
Sep 7, 2024