Konstantin Galich: Suicide or Murder? Foul Play in Ukrainian Crypto Traders Death?

[Redator]

Konstantin Galich, a prominent Ukrainian crypto trader, has been found dead inside a Lamborghini Urus just days after a historic crypto market crash, with officials now treating the incident as a possible suicide, according to local police.

Galich, better known as Kostya Kudo, was found in his $200,000 supercar, in the Obolonskyi district of Kyiv, on October 11, with a gunshot wound to the head. Rumors are circulating that his death may have been foul play, as Galich was known to manage the funds of many high-profile Ukrainian individuals.

The Black Swan event that took place on October 10 saw nearly $20Bn liquidated from crypto traders, as Bitcoin Bitcoin BTC $111,567.87 2.01% Bitcoin BTC Price $111,567.87 2.01% /24h Volume in 24h $71.20B Price 7d Learn more fell from around $122K to under $110K, causing fear and panic throughout the market. Galich is alleged to have been severely affected by the crash from both a personal and business perspective.

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Early Reports From Kyiv Police Lean Toward Suicide as Cause of Konstantin Galich Death

According to police reports from Ukrainian officials, a firearm registered to Konstantin Galich was recovered at the scene. A statement shared on the Kyiv Police Department’s Telegram channel said the focus was on establishing if the act was self-inflicted or involved foul play.

The statement also said that a day before his death, “the man told relatives that he was feeling depressed due to financial difficulties and also sent them a farewell message.”

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— Whale Insider (@WhaleInsider) October 11, 2025

A separate statement was also posted on Galich’s official Telegram channel, which read, “Konstantin Kudo tragically passed away. The causes are being investigated. We will keep you posted on any further news.”

Galich was just 32 and was a well-known figure in the Ukrainian and international crypto community. He co-founded the Cryptology Key trading academy and was an active influencer and strategist in digital asset markets.

The Black Swan crypto crash was triggered after President Donald Trump announced a sweeping 100% tariff on Chinese imports, along with new export controls on critical software, with the crash reportedly the reason behind Konstantin Galich’s death.

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Links to Ukrainian Intelligence Leading to Calls of Foul Play

(SOURCE: Cryptology.School)

Konstantin Galich co-founded Cryptology Key, a crypto trading school boasting over 12,000 trained students, according to the company’s website. Galich is reported to have managed $65M in crypto assets for many wealthy and influential people both in Ukraine and across the globe.

There are rumors that a portion of the $65M funds belonged to Ukraine’s intelligence payroll, and that he personally donated millions of dollars in military aid to support the Ukrainian defense against the Russian invasion.

It is believed that Galich managed these funds in a fairly responsible manner, using low leverage to trade high-timeframe positions of major cap digital assets such as BTC, ETH Ethereum ETH $3,978.41 1.14% Ethereum ETH Price $3,978.41 1.14% /24h Volume in 24h $44.07B Price 7d Learn more , and SOL, staying away from memecoins, low caps, and high leverage.

However, the Black Swan event on October 10 was so severe that even the most risk-averse traders were caught off guard. Due to the volatility on exchanges, many stop losses weren’t triggered, resulting in traders being liquidated before any stop loss could be activated.

So not only was Konstantin Galich’s personal fortune likely hit hard in the crash, but there is a strong chance that the trader also lost millions of dollars in funds belonging to his business associates.

There is growing chatter online that Galich may have been murdered by one of these associates as revenge for losing their money, and that the Ukrainian intelligence services may have even played a role in his death.

Even if Konstantin Galich death is eventually ruled a suicide, the young crypto trader may have done so out of fear for his associates and how they would react to him losing such a vast amount of money.

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