Prominent Ukrainian crypto trader Konstantin Galich, known as Kostya Kudo, was found dead in his Lamborghini on October 11, 2025, amid a severe cryptocurrency market downturn. Authorities suspect suicide but have launched a homicide investigation. His death underscores the emotional toll on traders during volatile periods.
On October 11, 2025, 32-year-old Konstantin Galich was discovered deceased inside his Lamborghini in Kyiv's Obolonskyi district, with a gunshot wound to the head and a registered firearm nearby. Initial police assessments indicate suicide, though a criminal probe under premeditated homicide has been initiated to confirm the circumstances.
Galich, a well-known crypto educator and trader with over 68,000 Telegram subscribers, had shared trading analysis and market insights for years. In the days before his death, he reportedly sent troubling messages to family and friends, along with a farewell letter, revealing financial and emotional strain amid the crypto market's unraveling.
The incident coincided with a historic market crash, where over $19 billion in derivatives positions were liquidated in 24 hours. Bitcoin plummeted more than 13% in an hour, amplifying volatility for altcoins and other tokens. Galich's passing was announced on his Telegram channel, prompting reflections from the crypto community on the psychological pressures of trading.
Friends and followers remembered Galich for his transparency and educational efforts in Eastern Europe's crypto scene, where he demystified blockchain concepts via YouTube and Telegram. One follower commented: “Just a reminder – your life is the highest value. No money, profit, or loss is ever worth it.”
Authorities have emphasized mental health challenges during financial upheavals, urging separation of self-worth from net worth. The investigation into Galich's death continues as the industry grapples with the crash's human impact.