LAGOS OCTOBER 12TH (NEWSRANGERS)-Ukrainian authorities have reportedly launched an investigation into the death of crypto trader and influencer Konstantin Galich, who went by the alias Kostya Kudo (or “Kudo”).
He was found dead in his car in the Obolonskyi district of Kyiv on Oct. 11, 2025.
Police investigating death of prominent crypto trade
According to a statement from law enforcement, Galich’s body was discovered with a gunshot wound to the head. A registered firearm was found beside him.
Police are treating the incident as a possible suicide, but have opened a criminal case under Article 115, Part 1 of the Criminal Code of Ukraine.
The incident was later also confirmed on the trader’s telegram group.
“Konstantin Kudo tragically passed away. The cause is being determined. We will update you on any further news.” – KostyaKudo on Telegram
Crypto market crash coincides with tragedy
Galich, 32, was known for his detailed commentary on the cryptocurrency market. The trader had built a substantial following through his analytical videos and social media posts, with over 68,975 subscribers on his Telegram channel.
Local outlets, including 5.ua, reported that the blogger had expressed financial distress shortly before his death and had posted farewell messages to loved ones.
The tragedy comes as the crypto market reels from one of its worst single-day crashes since the COVID-19 pandemic, with over $19 billion in leveraged positions liquidated in the past 24 hours.
While the direct link between Galich’s financial situation and the market downturn remains unconfirmed, the timing of his death coincides with a period of extreme volatility and widespread losses among retail traders.
Police say the pretrial investigation is ongoing and all circumstances surrounding the incident are being clarified.
Legacy and impact on the crypto community
Friends and followers have remembered Galich as a passionate advocate for crypto education in Eastern Europe. His YouTube and Telegram channels, which frequently explored blockchain trends and market psychology, were cited as valuable learning resources for new investors.
While the cause of death remains under investigation, Galich’s passing highlights the personal and psychological pressures many retail traders face during prolonged market uncertainty.
The Street
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