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Breaking News: SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round

Another Crypto Millionaire Has Been Found Dead

Scott Matherson
Scott Matherson
1 year ago
3 mins read
Crime Scene crypto

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Another shocking discovery has rattled the crypto sector as Christian Peev, a 41-year-old US cryptocurrency investor has been found dead.

Christian Peev’s Alleged Murderer Was A Friend

According to Peev’s cousin, the crypto investor disappeared in early August, and growing increasingly worried, Peev’s cousin reported him missing to authorities on August 10, which prompted an investigation. 

The dismembered body of the American-Bulgaria investor was found days later by plumbers called to fix a blocked drain in Sofia, Bulgaria, who eventually discovered that it was pieces of a human body that caused the blockage. 

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The remains were later identified to be Peev’s body, although parts of the body, like the head and bones were missing. These were found to be buried as the murderer could not flush them down the toilet.

Following the discovery of the remains, a bartender, Vesco Valchinov has been named as the prime suspect in connection to the murder of Peev. Christian Peev was known to be highly recognized in top events and parties, where he met the bartender.

According to sources, Vesco Valchinov and Christian Peev met at a bar about 5-6 years ago, and Peev being a formidable and knowledgeable crypto enthusiast introduced Valchinov to the world of cryptocurrency.

Valchinov became the prime suspect in Peev’s demise as surveillance footage showed that both Valchinov and Peev were seen entering Valchinov’s residence on August 8, but Valchinov was the only one seen leaving his residence the following day.

Forensics show that Valchinov allegedly killed Peev with a dumbbell in his residence. However, Valchinov was not the only one involved in the demise of Christian Peev.  

Crypto total market cap chart from Tradingview.com

Total market cap sitting at $1.121 trillion | Source: Crypto Total Market Cap on Tradingview.com

Konstantin Subotinov who was believed to be an accomplice to Valchinov was also arrested by authorities and later confessed that he helped Valchinov in disposing of the remains of Peev’s body by driving some of the parts to Vitosha to bury them.

Valchinov apparently knew the authorities were onto him and he tried to lose his tail by fleeing to a hotel in Vitosha. But unfortunately for him, authorities tracked his phone and he was apprehended the following day.

Could The Murder Be Money Related?

Although the authorities and investigators believe that the murder of Christian Peev is money related, as Peev had amassed a considerable fortune from his crypto investments, jealousy has also been seen as a potential motivation for the murder of Peev.

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Investigators speculate that Valchinov might have been jealous of his friend Peev and the fortune he has built for himself. However, the investigation is still ongoing, and more details will be unveiled, as authorities tend to crack the case and figure out what led to this tragedy.

Peev’s death marks the second crypto investor found murdered and dismembered in less than a month. In July, crypto influencer Fernando Pérez Algaba was found dead in Buenos Aires, Argentina.

According to authorities, Algaba’s remains were found in a suitcase and his death is believed to be connected to a significant debt he owed. 

Featured image from How Stuff Works, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Read more

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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