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 Kiev on October 11, 2025.
Galich's body was discovered with a gunshot wound to the head, according to a police statement. A registered firearm was found next to him.
Police consider 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 also later confirmed on the trader's telegram group.
“Konstantin Kudo has tragically passed away. The cause is being determined. We will keep you informed of further news.” – KostyaKudo on Telegram
Galich, 32, was known for his detailed commentary on the cryptocurrency market. The trader had built a significant following through his analytical videos and social media posts, with more than 68,975 subscribers on his Telegram channel.
Local media, including 5.ua, reported that the blogger had expressed financial distress and posted farewell messages for loved ones shortly before his death.
The tragedy comes as the crypto market reels from one of the worst single-day crashes since the COVID-19 pandemic, with more than $19 billion in leveraged positions liquidated in the past 24 hours.
Related: Analyst who called the 2022 crypto crash warns of another 'black swan'
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 preliminary investigations are ongoing and all circumstances surrounding the incident are being clarified.
Friends and followers remember Galich as a passionate advocate for crypto education in Eastern Europe. His YouTube and Telegram channels, which regularly explored blockchain trends and market psychology, were cited as valuable learning tools for new investors.
Although the cause of death remains under investigation, Galich's passing highlights the personal and psychological pressures many retailers face during prolonged market uncertainty.
