Crypto billionaires’ back-to-back deaths spark wild theories among the community (2024)

Many blamed the deaths on the billionaires’ past, while others suspected some form of foul play and even execution.

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The death of four crypto billionaires within a month has caught the crypto community’s attention. The deaths occurred under suspicious circ*mstances, and some of these billionaires had even raised alarms about being in danger.

4 crypto billionaires dead in the span of a month. Just before, and during the FTX collapse.

Too strange

sound ... pic.twitter.com/ubtpweiJcw

— Wall Street Silver (@WallStreetSilv) January 9, 2023

The spiral started toward the end of October 2022 when Nikolai Mushegian, co-founder of MakerDAO, was found dead on a Puerto Rican beach just hours after tweeting that intelligence agencies were after him. The next billionaire to perish was broker Javier Biosca, who was found dead on Nov. 22 in Estepona, Spain. At the time, Biosca was being investigated for the biggest cryptocurrency fraud in Spain.

On Nov. 23, Amber Group co-founder Tiantian Kullander died mysteriously in his sleep. Just two days later, Russian crypto billionaire Vyacheslav Taran died in a helicopter crash.

Apart from these four suspicious deaths, another death made headlines on Dec. 30 when Park Mo, vice president of Vidente — the largest shareholder of South Korean cryptocurrency exchange Bithumb — was found dead in front of his house in the early morning.

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The four crypto billionaire deaths within a month gave fuel to several conspiracy theories among the crypto community. One user associated the string of deaths with a mafia-style hit job and said that the “crypto world is taking a page from the mafia handbook.”

Another user associated the death spiral with the “central banking hierarchy,” sarcastically saying, “I would definitely not put money on it being connected to the central banking hierarchy. There is no way. They are very trustworthy. 100% no chance.”

One user questioned the information sources butacknowledgedthat seeing four deaths in less than a month is suspicious. On the other hand, several Redditors speculated that they may not have actually died at all, with onewriting, “I wonder how many of these are people faking their own deaths.” Anotherspeculated that the billionaires might be living under fake names and are using their “deaths” to start a new chapter of their life.

The deaths may be a cause of concern, but the crypto ecosystem is also known for its fascination with conspiracy theories. A similar saga erupted in May 2020 when the CEO of defunct crypto exchange QuadrigaCXmysteriously died during a visit to India.

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Crypto billionaires’ back-to-back deaths spark wild theories among the community (18)

As a seasoned expert with an in-depth understanding of the crypto space, I bring forth my knowledge to shed light on the intriguing developments discussed in the article by Prashant Jha on January 9, 2023. The deaths of four crypto billionaires within a month have undoubtedly captivated the attention of the crypto community, raising suspicions and sparking various conspiracy theories.

Firstly, the article mentions the death of Nikolai Mushegian, co-founder of MakerDAO, whose demise set off the series of events. Mushegian was found dead on a Puerto Rican beach shortly after expressing concerns on Twitter about intelligence agencies targeting him. This incident alone adds an element of mystery and suspicion to the narrative.

The second billionaire, Javier Biosca, met his demise on November 22 in Estepona, Spain, amid an investigation into the largest cryptocurrency fraud in Spain. The timing of his death and the ongoing investigation create a backdrop of intrigue and potential foul play.

The third in the sequence is Tiantian Kullander, co-founder of Amber Group, who died mysteriously in his sleep on November 23. This unexpected death contributes to the growing sense of unease within the crypto community.

The fourth crypto billionaire, Vyacheslav Taran, lost his life in a helicopter crash just two days later, further deepening the mystery surrounding these consecutive deaths. The proximity of these events to the FTX collapse adds another layer of complexity to the situation.

Adding to the list of untimely deaths is Park Mo, the vice president of Vidente, the largest shareholder of South Korean cryptocurrency exchange Bithumb. Mo was found dead in front of his house on December 30, adding another layer of concern and speculation.

The crypto community has responded with a range of conspiracy theories, including notions of a mafia-style hit job, suspicions of involvement by the central banking hierarchy, and even speculations about individuals faking their own deaths. These theories highlight the inherent skepticism and speculation prevalent in the crypto ecosystem.

It's important to note that while the deaths are certainly cause for concern, the crypto community has a history of being fascinated by conspiracy theories. The article draws parallels with a similar saga in May 2020 when the CEO of the defunct crypto exchange QuadrigaCX mysteriously died during a visit to India, further emphasizing the tendency for speculation within the crypto space.

In conclusion, the deaths of these crypto billionaires within a short span have generated widespread speculation and conspiracy theories within the crypto community. The circ*mstances surrounding each death contribute to the intrigue, prompting further investigation and discussion within the industry.

Crypto billionaires’ back-to-back deaths spark wild theories among the community (2024)

FAQs

Crypto billionaires’ back-to-back deaths spark wild theories among the community? ›

The four crypto billionaire deaths within a month gave fuel to several conspiracy theories among the crypto community. One user associated the string of deaths with a mafia-style hit job and said that the “crypto world is taking a page from the mafia handbook.”

Why are so many crypto billionaires dying? ›

With great fortune often comes great vulnerability. As one's wealth grows, one starts to attract unwanted attention. This is especially true for crypto magnates, who frequently talk about their profits online and aren't as used to protecting themselves as people whose wealth came from more traditional sources.

Who are the mysterious deaths of crypto founders? ›

5 Mysterious Deaths of Crypto Billionaires!
  • Nikolaj Mushegian. On October 28th, 29-year-old American entrepreneur Nikolaj Mushegian was found dead on a beach in San Juan, Puerto Rico. ...
  • Mircea Popescu. ...
  • Javier Biosca. ...
  • Tiantian Kullander. ...
  • Vjacheslav Taran.
Sep 15, 2023

Who died in the crypto millionaire couple? ›

A Cryptocurrency Nightmare in Paradise

The idyllic calm of Bali was shattered in May 2023, as the crypto-billionaire couple Li Chiming and Cheng Jianan met with a grisly fate, their murders painting a cautionary tale about the dangers of flaunting cryptocurrency wealth.

What is the book Bitcoin billionaires about? ›

Brief summary

Bitcoin Billionaires by Ben Mezrich is a thrilling true story that follows the Winklevoss twins as they navigate the volatile world of cryptocurrency, ultimately becoming the first bitcoin billionaires.

Which billionaire lost everything in crypto? ›

Binance founder and CEO Changpeng Zhao (commonly known as CZ) was the crypto billionaire who lost the most money following the crypto crisis of 2022, with a net worth drop amounting to 82 billion U.S. dollars.

How many people actually get rich from crypto? ›

The world has at least 88,200 crypto-millionaires, according to a new wealth report by London-based firm Henley & Partners.

How many crypto CEOs have died? ›

Recently, the internet can't stop talking about the deaths of three cryptocurrency giants that have been reported in the media weeks from each other. The "mysterious" deaths of crypto investors Nikolai Mushegian, 29, Tiantian Kullander, 30 and Vyacheslav Taran, 53, have drawn a lot of internet attention.

Who are the biggest losers in the crypto crash? ›

Biggest Losers
#Name% ATH
172Echelon Prime PRIME-69%
132FTX Token FTT-98%
80StarkNet Token STRK-91%
21Polygon MATIC-82%
16 more rows

Who is the failed crypto CEO? ›

FTX was the third-largest cryptocurrency exchange in the world when it filed for bankruptcy protection in November 2022 after it experienced the crypto equivalent of a bank run. CEO and founder Sam Bankman-Fried resigned when the exchange collapsed.

Who is the crypto billionaire in trouble? ›

Contributor. Former crypto billionaire Sam Bankman-Fried was sentenced Thursday to 25 years in prison and ordered to pay an $11 billion forfeiture for fraud and conspiracy relating to his fallen crypto exchange, FTX.

Who is the crypto guy that went broke? ›

Sam Bankman-Fried is the former CEO of FTX, the now-bankrupt and notorious cryptocurrency exchange. He was sentenced to 25 years and fined $11 billion for fraud and conspiracy.

Who is the crypto guy that scammed? ›

Fallen 'Crypto King' Sam Bankman-Fried gets 25 years for fraud. Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm.

Which Bitcoin billionaire was jailed? ›

A federal judge on Tuesday sentenced former Binance CEO Changpeng Zhao to four months in prison for failing to wall off the world's largest digital asset exchange from money launderers, allowing it to become a hub for illicit finance.

Who is the secret Bitcoin billionaire? ›

Secret bitcoin billionaire Jimmy Zhong lived a wild and crazy lifestyle - until he made a phone call that brought it all down.

Who is the kid who got rich from Bitcoin? ›

Of course, Finman is biased: The teen crypto phenom used $1,000 his grandmother gave him when he was 12 years old to buy his first bitcoin when the little-known virtual currency was just $12 a token. By age 18, Finman had become a millionaire. (See more: Who is Erik Finman, the Bitcoin Millionaire Teenager?)

Why is crypto losing so much money? ›

Investor uncertainty surrounding U.S. inflation and interest rates also weighs on crypto prices. Today's crypto market decline is part of a correction that started on July 1 following recent remarks by Federal Reserve chair Jerome Powell that reduced possible rate cuts in 2024.

Has anyone gotten rich off crypto? ›

Are There Any Bitcoin Billioniares? There are 16 cryptocurrency billionaires in Forbes' ranking of billionaires. Sam Bankman-Fried is still on the list, but Forbes lists the ex-CEO of FTX with no wealth. 16 There are likely many more billionaires who own crypto, but most do not publicize their holdings.

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