A well-known individual in the crypto world has died amidst yesterday's market downturn.

Death and Circumstances

Konstantin Galish, a cryptocurrency investor and social media personality, died in Kyiv. He was found deceased in his Lamborghini amidst a significant market downturn. Local reports suggest a possible suicide, with allegations surrounding a firearm. Galish was widely known as “Kostya Kudo” online.

Financial Ventures and Allegations

Galish co-founded the crypto investment firm Cryptology, overseeing approximately $65 million in assets. A portion of these funds, roughly $10 million, was reportedly managed by the Ukrainian Military Intelligence (GUR). The firm's recent token project reportedly suffered substantial losses, contributing to the overall situation. High-ranking Kyiv officials and bureaucrats reportedly invested in the fund.

Market Factors and Loss

Galish reportedly experienced substantial losses in futures trading linked to the recent crypto market decline. This market volatility resulted in losses for investors and added to the pressure he faced. The downturn was reportedly exacerbated by Donald Trump’s tariff announcement related to China.