Spanish crypto-millionaire and Instagram trader from Barcelona, Fernando Perez Algaba, was found murdered in the Argentine province of Ingeniero Budge days after his disappearance. Local media reported, via местные СМИ.
Algaba ran a cryptocurrency trading business in Buenos Aires; his office employed 25 traders. On July 18 he stopped making contact with his landlord, and on July 23 a group of children discovered in a stream a suitcase containing severed limbs. On July 25, in the same place, a backpack with a head was found.
The deceased was identified by tattoos and fingerprints. An autopsy determined that death resulted from three gunshot wounds.
Algaba was active on Instagram with more than 917,000 followers. On it he promoted crypto trading, displayed a luxurious lifestyle, cars, parties, gym workouts, and two French bulldogs. The latest posts dated July 15.
During a search of Algaba’s apartment, police found a passport, a computer, clothing, two suitcases, a bag, and a prescription for medications for anxiety disorders. His wallet and mobile phone could not be located.
Algaba had an unpaid loan to banks amounting to 1.2 million Argentine pesos ($4,400) and two more debts by checks totaling $73,300.
Investigators suspect the involvement of an organised group, and the likely motive could have been financial obligations. Police have already detained one of the suspects.
In May 2018, the founder of the YouTube channel “Kryptach,” Pavel Nyashin, was found hanged in his own apartment in Saint Petersburg. According to the blogger’s mother, he may have taken his own life due to debts.