Konstantin Galich death: Ukrainian crypto investor and influencer Konstantin “Kostya Kudo” Galich was found dead in his Lamborghini in Kyiv on October 11; Kyiv police have opened criminal proceedings under Article 115 and are investigating whether the fatal gunshot wound was self‑inflicted amid recent market turmoil.
Found dead in Kyiv inside his Lamborghini with a gunshot wound; police opened criminal proceedings under Article 115.
Authorities report a firearm registered to Galich was located at the scene; investigators are clarifying whether the wound was self‑inflicted.
Death coincided with a major crypto sell‑off; independent reports cite nearly $20 billion liquidated in recent market moves (reported by financial outlets and local media).
Konstantin Galich death: Ukrainian crypto influencer found dead in Kyiv; police probe possible suicide amid crypto market crash. COINOTAG reporting.
By COINOTAG | Published: 2025-10-14 | Updated: 2025-10-14
What happened to Konstantin Galich?
Konstantin Galich death refers to the discovery of the 32‑year‑old Ukrainian crypto investor and influencer, also known as Kostya Kudo, found dead in his Lamborghini Urus in Kyiv’s Obolonskyi district on October 11. Kyiv police report a gunshot wound to the head and have launched criminal proceedings under part 1 of Article 115 of the Criminal Code of Ukraine while investigating whether the death was self‑inflicted.
How are authorities handling the investigation?
Kyiv police announced the discovery of a firearm registered under Galich’s name next to the body and posted images of forensic teams at the scene. Investigators are collecting evidence, interviewing family members and associates, and awaiting forensic and ballistics results to determine motive and manner of death. The official police press release included that the deceased had communicated depressed feelings and sent a farewell message to relatives the day prior.
“On the eve of his death, the man informed his relatives about his depressed state due to existing financial difficulties, and also sent them a farewell message.”
Was Galich’s death linked to the crypto market crash?
Reports note the timing of Galich’s death coincided with a sharp market downturn. Financial news outlets and local reporting cited nearly $20 billion in liquidations during the sell‑off that depressed major cryptocurrency prices. Analysts are cautious: while the market stress is a material context, Kyiv investigators are treating the death as a criminal matter to establish facts rather than draw causal assumptions. Sources referenced in reporting include Kyiv Police statements, media coverage, and financial outlet summaries of market liquidation data.
Galich was a visible figure in crypto communities and co‑founder of an educational trading platform. He maintained large followings on Telegram and YouTube and publicly discussed trading psychology and market strategies. His Telegram channel posted: “Konstantin Kudo tragically passed away. The cause is being determined,” and later thanked supporters for condolences, emphasizing the importance of the message for family and colleagues.
Kostya Kudo’s body was found in his Lamborghini. Source: Kyiv PoliceBackground: Galich’s public profile and Ukraine’s crypto context
Galich, aged 32, was known in domestic and international crypto circles for analysis and education work, including as a co‑founder of the Cryptology Key academy. Reporting notes he owned high‑value vehicles and led a lifestyle that attracted attention beyond trading communities. The broader context includes Ukraine’s high crypto adoption rates following wartime fiat restrictions and reports from the European Bank for Reconstruction and Development (EBRD) that Ukrainians bought around $1 billion worth of cryptocurrency in a single year.
Ukraine’s regulatory framework for virtual assets has been evolving: the Verkhovna Rada approved, on first reading, a bill “On Virtual Asset Markets” which aims to formalize rules for investment, taxation and market participants. That legislative work and public debate are part of the backdrop to a growing crypto ecosystem that remains in transition from informal to regulated activity.
Frequently Asked Questions
Was foul play ruled out in Konstantin Galich’s death?
As of the last official update, Kyiv police have opened criminal proceedings under Article 115 (intentional murder) with an additional note “suicide” while investigators work to determine whether the wound was self‑inflicted or the result of another party’s actions. Forensic results and investigative findings will guide any formal conclusions.
Did market losses cause his death?
Media reports note a major crypto liquidation event coincided with Galich’s death, but investigators and reputable reporting refrain from declaring causation without evidence. Authorities are treating financial stress as a potential contributing context while pursuing forensic and testimonial evidence.
Key Takeaways
- Investigation ongoing: Kyiv police opened criminal proceedings under Article 115 and are awaiting forensic and ballistics results to determine manner of death.
- Context matters: The death occurred amid a significant crypto market sell‑off; reporting cites substantial liquidations and price declines the same day.
- Regulatory and social backdrop: Ukraine’s large crypto user base and evolving legal framework are relevant to understanding community responses and potential policy implications.
Conclusion
The death of Konstantin Galich remains under active investigation by Kyiv police, with official statements and forensic work expected to clarify the circumstances. Reporting by local and financial media has placed the event in the context of a broader crypto market shock, but authorities continue to pursue factual, evidence‑based conclusions. COINOTAG will provide verified updates as official findings are released.