Ukrainian authorities have reportedly launched an investigation into the death of cryptocurrency trader and influencer Konstantin Galich, who went by the name Kostya Kudo (or “Kudo”).
He was found dead in his car in the Obolonskyi district of kyiv on October 11, 2025.
According to a statement from authorities, Galich’s body was discovered with a gunshot wound to the head. A registered firearm was found next to 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 confirmed also in the trader’s Telegram group.
“Konstantin Kudo tragically passed away. The cause is being determined. We will inform you of any further news.” – KostyaKudo on Telegram
Galich, 32, was known for his detailed comments on the cryptocurrency market. The trader had built a large 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 difficulties shortly before his death and had posted farewell messages to his loved ones.
The tragedy comes as the cryptocurrency market reels from one of its worst single-day declines since the COVID-19 pandemic, with more than $19 billion in leveraged positions liquidated in the past 24 hours.
Related: Analyst Who Called Cryptocurrency Crash in 2022 Warns of New ‘Black Swan’
While the direct link between Galich’s financial situation and the market crisis remains unconfirmed, the timing of his death coincides with a period of extreme volatility and widespread losses among retail traders.
Police say the pre-trial investigation is ongoing and all circumstances surrounding the incident are being clarified.
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.