Argentine cryptocurrency trader Fernando suspected of being dismembered by professionals

Author: JESSE COGHLAN, COINTELEGRAPH; Compiler: Songxue, Jinse Finance

A missing Argentinian cryptocurrency millionaire and Instagram influencer has been found dead, mutilated in a suitcase, and police suspect him of murder.

Cryptocurrency trader and influencer Fernando Pérez Algaba was reported missing on July 18 when he failed to return the keys to his rental apartment and answer the phone, according to multiple local media reports .

His body was found less than a week later on July 23 by a group of children in the town of Ingeniero Budge, the Argentine capital.

The last photo Algaba posted on his social media accounts. Source: Instagram

On July 24, authorities found a torso after clearing the found suitcase, which contained amputated legs and forearms. A day later, on July 25, a head was found in a backpack.

Analysis of fingerprints and tattoos has identified the body as that of the missing millionaire, with an autopsy showing he was shot three times before being dismembered.

The suitcase that was found contained body parts, according to reports. Source: Clarín

According to reports, government investigators have suggested that it may have been done by a professional agency and believe that the motive behind Algaba’s murder may be related to debt. A possible suspect in connection with the case has been arrested. **

Algaba is said to be a cryptocurrency trader in Buenos Aires, where he runs an office that employs 25 other traders.

He has also amassed quite a following on Instagram, with more than 917,000 followers. Most of the content revolves around luxury cars and his beloved dog.

**Algaba reportedly had 900,000 Argentine pesos ($3,300) in bad check debts, 1.2 million Argentine pesos ($4,400) owed to the bank, and another $70,000 in debt also tied to the bad checks. **

In late 2022, a string of mysterious and sudden deaths of cryptocurrency billionaires sparked wild speculation in the community.

Between October and December 2022, MakerDAO co-founder Nikolai Mushegian, cryptocurrency broker Javier Biosca, Amber Group co-founder Tiantian Kullander, Russian cryptocurrency billionaire Vyacheslav Taran, and Bithumb major shareholder Park Mo all appear to have tragically passed away.