Another Crypto Millionaire Has Been Killed, Dismembered

The dismembered body of Christian Peev, a 41-year-old cryptocurrency millionaire holding both US and Bulgarian citizenship, has been discovered in Sofia, Bulgaria. 

Plumbers, responding to a call about a blocked drain, found Peev’s remains stuffed inside a toilet. Peev, who had amassed his fortune through cryptocurrency investments after graduating from an American university, was reportedly killed between August 8 and August 9.

Authorities have identified Vesco Valchinov, whom Peev had known for around six years, as the alleged perpetrator. Disturbing details of the murder have emerged, with local media reporting that Valchinov used a dumbbell to kill Peev before dismembering the body in a bathroom and flushing certain body parts down the toilet.

The investigation took a turn after Peev’s brother reported him missing on August 10 and authorities discovered that Peev had been in contact with Valchinov on the day of his disappearance. Surveillance footage placed both men entering Valchinov’s apartment building on August 8, with Valchinov leaving alone the following day. 

Konstantin Subotinov, another individual, was apprehended for aiding Valchinov in hiding additional body parts in the Vitosha district of Sofia.

Reports indicate that Peev had assisted Valchinov with crypto investments, suggesting a possible financial motive for the murder. 

This case draws parallels to the recent death of another cryptocurrency figure, Fernando Pérez Algaba, who was found dismembered in a red suitcase in Buenos Aires. Algaba’s extravagant lifestyle, fueled by crypto investments showcased on his Instagram, ended in a brutal murder involving gunshot wounds and severed body parts.

These incidents have heightened speculation about possible sinister connections among the deaths of prominent figures in the cryptocurrency industry. 

In 2022, three other crypto businessmen — Nikolai Mushegian, Tiantian Kullander, and Vyacheslav Taran  — all died in mysterious circumstances within a month. Read more about those deaths here.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Related News

Russia Isn’t Playing Games: Poland, Bulgaria Have Gas Supplies Cut for Failing to Pay in Rubles

It turns out Russia was serious about receiving payments for energy shipments in rubles from...

Wednesday, April 27, 2022, 05:01:00 PM

Gary Gensler Posts Words of Wisdom Against Crypto As SEC Nears Decision on Spot BTC ETF

US Securities and Exchange Commission (SEC) Chair Gary Gensler on Monday posted some words of...

Tuesday, January 9, 2024, 11:38:08 AM

Nexo Calls Bulgaria “Corrupt” As Authorities Designate Firm As “Financial Terrorists”

The falling dominoes of crypto lenders have seemingly made its way to Nexo. The London-based...

Thursday, January 12, 2023, 10:16:40 AM

Mark Cuban Loses $870K To Crypto Scam

Tech billionaire Mark Cuban is the latest victim of a cryptocurrency scam, losing $870,000 across...

Monday, September 18, 2023, 01:19:00 PM

Canada Kills The Anonymity Case For Crypto

In what may be the largest blow to the use case for cryptocurrencies globally, it...

Wednesday, February 23, 2022, 05:02:11 PM