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Caution! He's biting ! On your photo the male (Abedus indentatus) is a water beetle . Females lay eggs on the back of the males and they nurture them carefully until the appearance of the offspring.
His bite is painful, but he will not cause much harm to a person, all talk about his mortal danger is complete nonsense!

I don't know about the story of this creature yet

Have seen screen shots of people touching it and rotting within days i thought it was edited

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Is this reality or false?

Complete stupidity! Trust me as a biologist.