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Ukrainian crypto trader found dead after $30M market loss

The Ukrainian crypto community has been thrown into mourning following the death of well-known investor and trader Konstantin Galish, who was found dead in his Lamborghini in Kyiv’s Obolon district on October 11.

According to multiple local media reports, police have opened an investigation under Article 115 Part 1 of the country’s Criminal Code, treating the case as a possible suicide.

Galish, known online as Kostya Kudo, was found with a gunshot wound to the head, and a legally owned firearm was recovered from the vehicle. Authorities have not yet released official findings, but early reports suggest he may have taken his own life following heavy financial losses linked to the recent $16 billion crypto market liquidation shock.

Unverified reports circulating in Ukrainian and international media suggest that Galish may have been managing investor funds worth up to $65 million, with losses possibly reaching around $30 million. These figures have not been confirmed, and no official documents have been released linking him directly to any missing funds.

Aged 32, Galish built a large following through his crypto-education platform and social media channels, where he shared trading insights and mentored young investors. On Telegram and other forums, messages of tribute flooded in after news of his death.

His passing has prompted widespread grief within the global crypto community. Many are reflecting on the personal and financial pressures that often accompany high-risk trading and public exposure in the digital-asset space.

While it is yet to be confirmed that the suicide was directly linked to market losses, mental-health professionals and crypto advocates say Galish’s death highlights the emotional strain faced by traders managing large sums under constant public attention.

They emphasize that financial loss , no matter how severe ,is never a justification for self-harm. Mental-health experts urge anyone under pressure, whether from debt, trading stress, or public , to seek professional support immediately.

Read also: Historic Shock: $19B Wiped Out in Crypto Liquidations

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