Cryptocurrency has often been referred to as the frontier of the new financial world. Indeed, an imagined landscape of digital “gold rushes,” brimming with opportunities for the astute and bold. However, as with any frontier, there is also the ominous presence of violence and tragedy – as has been highlighted in a number of cryptic events.
Some of the most startling incidents have been those surrounding figures in the crypto world vanishing under gruesome circumstances. Just a month ago, a rather unsuspekted group, Bulgarian plumbers, were the ones to stumble upon the remains of a US crypto mogul, Christian Peev. This forty one year old entrepreneurial figure was rumored to have met his unfortunate end by the hand of a friend driven to a murderous frenzy by envy.
Similarly, weeks prior to this incident, children in the Buenos Aries Province uncovered the deceased body of missing crypto millionaire, Fernando Pérez Algaba. He was last seen alive before an unfortunate liaison with organized criminals ended with his body being secreted into a suitcase.
These two recent developments seem yet another addition to a long string of bizarre, tragic accidents. From air accidents in France, brutal stabbings in the US, and suspected suicides in South Korea – each incident is tangled with threads of crypto engagement.
According to Ken Gamble, co-founder and executive chairman of financial crime intelligence firm IFW Global, it’s plausible that these unfortunate events might be linked with rising trends of organized crime and money laundering in the crypto sphere.
Simultaneously, crypto media firm founder, Matt Hussey, has suggested that the ever so murky legal environment of the crypto world may have provoked aggrieved investors to take “retribution and revenge” themselves.
In spite of these intense speculations, it might just be the allure of crypto riches that transform these figures into easy targets – especially in an era where costs of living continue to skyrocket. Unlike conventional banks, Ginble argues, crypto offers an easily movable and stealable form of wealth. Particularly for organized crime groups geared for such exploits.
Still, there’s the potential that most of these incidents have little to no connection with cryptp dealings at all; the media, after all, thrives on a captivating narrative. Such as presenting an intrigue-laden world of death and intrigue tied to a rising, arguably little-understood, finance frontier.
However, the possibility remains that these incidents could well have strong roots in the crypto world, providing enough impetus for investors to approach this wild world with due precaution.
Source: Cointelegraph