Konstantin Galich’s body was found inside the Lamborghini Urus parked on the streets of Kyiv, near a gun registered in his name. (Image credit: @konstantin_kudo/Instagram)
A prominent Ukrainian crypto trader was found dead in Kyiv following a major market downturn, with police treating the case as a possible suicide. Konstantin Galich, known online as Kostya Kudo, was discovered on October 11 in the Obolonskyi district of Kyiv, inside a Lamborghini Urus. He had sustained a gunshot wound to the head. A firearm registered in his name was recovered at the scene, according to a statement from the Kyiv Police Department shared on Telegram, The New York Post reported.
Authorities said they are investigating whether the death was self-inflicted or involved foul play. “The man told relatives that he was feeling depressed due to financial difficulties and also sent them a farewell message,” the police statement noted.
Farewell message and financial distress
Galich, who had built a following in Ukraine’s crypto trading community, reportedly expressed emotional distress to family members the day before his death. The farewell message, combined with the presence of a registered weapon, has led investigators to consider suicide as the primary line of inquiry.
A message posted on Galich’s official Telegram channel confirmed the news: “Konstantin Kudo tragically passed away. The causes are being investigated. We will keep you posted on any further news.”
Panic among investors after liquidation wave
News of Galich’s death sent shockwaves through the local crypto community, already reeling from a sharp market downturn. The incident coincided with a large-scale liquidation event that wiped out millions in leveraged positions, triggering panic among retail investors.
Galich had been active in crypto circles for several years and was known for his high-risk trading strategies. His death has reignited conversations around mental health in high-volatility financial sectors, where sudden losses can have devastating personal consequences, the New York Post reported.
Police continue investigation
As of now, Kyiv police have not ruled out other possibilities and are continuing to gather evidence. No further details have been released regarding the firearm or surveillance footage from the area.
