32-year-old Ukrainian crypto entrepreneur Konstantin Ganich, known as "Kostya Kudo," was found dead in his Lamborghini Urus in the Obolon district of Kyiv on October 10, 2025. A firearm registered to him was found next to the body.

The day before his death, Ganich told his loved ones about his depressed state due to financial difficulties and sent them a farewell message. Police determined that the entrepreneur was suffering from severe depression related to money problems.

Financial collapse

Ganich's death occurred amid the largest cryptocurrency market crash in history. Within 24 hours, positions worth $19 billion were liquidated — 16 times more than during the COVID-19 crisis in March 2020. Bitcoin fell from highs of over $125,000 to below $113,000.

In early October 2025, the investigation into Project 190 accused Ganich's business partner Andrei Deineko of stealing approximately $2 million from the Furmula gaming project, where Kudo was the public face. This investigation could have increased the financial and emotional pressure on the entrepreneur.


Life and wealth

Ganich owned Ukraine's only Ferrari 296 GTB, worth about 15 million hryvnia, and a Lamborghini Urus, in which his body was found. In his last interview on the Buchachos YouTube channel in early October, he said he managed $6-7 million in investor funds.

In 2023, hackers gained access to his accounts on crypto exchanges, resulting in losses of over $800,000. These financial blows may have been one of the reasons for his depression.

Investigation

The police opened a criminal case under Article 115 of the Criminal Code — intentional murder marked as "suicide." A message appeared on Konstantin's Telegram channel: "Konstantin Kudo has tragically passed away. The causes are being investigated."

The death of the 32-year-old crypto millionaire is yet another tragedy in a series of suicides among representatives of the crypto industry, highlighting the psychological pressure and risks associated with working in the volatile world of cryptocurrency.

R.I.P. Konstantin