Who Was Konstantin Galish? Crypto CEO’s Mysterious Death Amid $30M Market Crash

2025-10-16
Who Was Konstantin Galish? Crypto CEO’s Mysterious Death Amid $30M Market Crash

The cryptocurrency world was shaken over the weekend by the shocking news of Konstantin Galish’s death, a 32-year-old Ukrainian crypto entrepreneur known online as Kostya Kudo. 

Galish, who led the trading platform Cryptology Key, was found dead in his Lamborghini in Kyiv, Ukraine, on the same day the crypto market experienced one of its biggest crashes in history. 

His passing comes amid reports that he had recently lost around $30 million in investor funds following the sudden collapse of Bitcoin and Ethereum prices.

Authorities are investigating the circumstances of his death, describing it as a possible crypto crash suicide, though no final conclusion has been reached.

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A Market in Turmoil

The timing of Konstantin Galish’s death coincided with what analysts described as the largest liquidation event in cryptocurrency history. 

Data from Coinglass revealed that more than $19 billion in leveraged positions were wiped out after the U.S. President Donald Trump announced 100% tariffs on Chinese imports and new export restrictions on American software.

The market reaction was immediate and severe. Bitcoin briefly dropped below $110,000, while Ethereum tumbled in tandem, leading to the liquidation of over 1.6 million trading accounts worldwide. 

Many investors faced staggering losses within hours, including those who followed or traded alongside Galish’s strategies.

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The Death of a Crypto CEO

konstantin galish crypto.

Kyiv police confirmed that Konstantin Galish was discovered inside his Lamborghini with a gun beside him. Preliminary reports suggest that the weapon was legally registered under his name. 

Investigators are working to determine whether his death was self-inflicted or if foul play may have been involved.

According to local news outlets, Galish sent a farewell message to his relatives one day before his death, expressing feelings of depression and hopelessness due to financial troubles. 

The police have opened a criminal case under Article 115 of Ukraine’s Criminal Code, premeditated murder with an additional note indicating possible suicide, pending further investigation.

A statement posted on his official Telegram channel read:

“Konstantin Kudo tragically passed away. The causes are being investigated. We will keep you posted on any further news.”

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Who Was Konstantin Galish?

Known both as Konstantin Galish and Kostya Kudo, he was a Ukrainian trader and educator who built a strong following in the digital asset community. 

As the founder of Cryptology Key and Cryptology Key Trading Academy, Galish educated thousands of users about cryptocurrency trading, technical analysis, and digital asset management.

He also served as director of the Association of Traders of Ukraine, a role that gave him visibility within Eastern Europe’s fast-growing crypto scene. 

Social Life

Through his online platforms, Galish guided followers on trading Bitcoin (BTC), Ethereum, and NFTs, often emphasizing discipline and long-term strategy.

His YouTube channel gathered more than 97,000 subscribers, while his Instagram attracted over 100,000 followers. On his Telegram channel, KostyaKudo, he regularly shared market insights, portfolio updates, and motivational advice for traders navigating volatile markets.

Beyond the crypto world, Galish was known for his lavish lifestyle. Reports indicate he owned several luxury vehicles, including a 2020 Lamborghini Urus, a 2023 Ferrari 296 GTB valued at $360,000, and a Mercedes-Benz 220 CDI. 

Friends and colleagues described him as ambitious but increasingly under pressure due to the market downturn.

Read also: What Does Richard Teng Has to Say About Crypto Now?

Links to the $30 Million Market Loss

Investigators believe that the recent global crypto crash played a critical role in Galish’s mental and financial distress. Sources close to his team claim he lost around $30 million of investor funds during the sharp market decline.

While police have not confirmed any direct connection between his death and these financial losses, they are reportedly exploring possible ties to extortion or business-related disputes.

The tragedy mirrors previous incidents where financial pressure and sudden market collapses have taken a severe emotional toll on crypto entrepreneurs.

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FAQ

Who was Konstantin Galish?

Konstantin Galish, also known as Kostya Kudo, was a Ukrainian crypto trader, educator, and CEO of Cryptology Key. He was widely recognized for his market analysis and trading education content.

What happened to Konstantin Galish?

He was found dead in his Lamborghini in Kyiv in what authorities have described as a possible crypto crash suicide following massive financial losses.

How much money did Konstantin Galish reportedly lose?

Reports suggest that Galish lost approximately $30 million in investor funds during the latest global crypto market crash.

What triggered the crypto crash?

The crash followed the announcement of 100% U.S. tariffs on Chinese imports by President Donald Trump, which sparked fears of a renewed trade war and triggered widespread liquidations across the market.

Is the investigation into his death still ongoing?

Yes. The Kyiv Police Department is investigating his death to determine whether it was self-inflicted or involved foul play.

 

Disclaimer: The content of this article does not constitute financial or investment advice.

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