[Text/Feather Fan Guanjin Studio]

Ukrainian Kiev police on Telegram platform that on October 11 local time, a 32-year-old man involved in cryptocurrency trading was found dead in the car and shot in the head. Several Ukrainian media that the man was the cryptocurrency trader and netizen Konstantin Galic.

Police said a weapon registered in his name was found next to the man.

Local police have deployed criminal investigators and forensic experts to conduct investigations.

Constantine Gallic found dead in Lamborghini vehicle

According to the police, the preliminary investigation showed that the deceased had revealed to relatives and friends that he was in depression due to financial difficulties the day before his death, and sent them farewell messages.

Hours before Constantine Gallic¡¯s death, U.S. President Trumply announced a 100 percent tariff on Chinese imports and new export controls on key software products, followed by a crash in the price of most cryptocurrencies such as Ethereum.

Some trading platforms estimate that Constantine Gallic lost at least $30 million.

His own account announced his death.

Constantine Gallic writes frequently under the online name of Kostya Kudo to discuss cryptocurrency issues. He is also the co-founder and CEO of the ¡°Cryptology Key¡± trading school, ¡°Cryptology Key¡±¡¯s YouTube channel has more than 97,000 subscribers, and its Instagram account has more than 100,000 followers.

Gallic owns several luxury cars, including the 2020 Lamborghini Urus, the 2023 Ferrari 296 GTB and the 2012 Mercedes 220 CDI.

An Ukrainian cryptocurrency investor said that Kudo managed a large number of customers¡¯ funds. In the context of the global cryptocurrency collapse, he could be in financial trouble and bear debts that could not be repayed for a decade.

Others have expressed doubts about the claim that he committed suicide due to the cryptocurrency collapse.

Constantine Gallic (data map)

Analysts have that the cause of his death could also be debt-induced murder, or suicide or murder as a result of blackmail.

A cryptocurrency investor told the Ukrainian news site ¡°Strana¡± that recently cryptocurrency investors in other European countries have also been murdered or abducted, and this is becoming increasingly common.

A acquaintance with Konstantin Galic confirmed to the ¡°Strana¡± news site that on the eve of his death, Ukrainian security agencies pressured him and demanded money. Konstantin Galic allegedly managed the money of Ukrainian senior officials and security forces, so they either wanted to claim debt from him in this way or were purely blackmailing him.

Constantine Gallic himself revealed in a recent interview that he had been threatened. He also said that one of his projects was shut down due to partner fraud and lost about $1.3 million.

According to reports, Ukraine¡¯s political and economic relations are based on corruption. Today, with huge amounts of money being spent on war, the situation has become worse.

In recent years, corruption in Ukraine has spread to cryptocurrencies, and cryptocurrencies have even become the ¡°centre¡± of current corruption in Ukraine, with amounts of up to billions or even tens of billions of dollars flowing into them.

Konstantin Galic is one of the many people who control the money who want to make a profit in the market and put it under the management of someone else. During this period, disputes and problems emerged one after another, leading to the prevalence of extortion. One cryptocurrency investor said this was likely what led to Galic's suicide or murder.

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