---
title: "Missing crypto millionaire found dismembered in suitcase: Report"
url: https://diffcoin.com/missing-crypto-millionaire-found-dismembered-in-suitcase-report/
description: "A missing cryptocurrency millionaire and Instagram influencer based in Argentina has turned up dead, with police suspecting murder after he was found…"
published: 2023-07-28
updated: 2023-07-28
author: "Mila"
site: "Diffcoin"
---

# Missing crypto millionaire found dismembered in suitcase: Report

A missing cryptocurrency millionaire and Instagram influencer based in Argentina has turned up dead, with police suspecting murder after he was found dismembered in a suitcase.

According to several local media reports, Fernando Pérez Algaba, a crypto trader and influencer, was suspected as missing on July 18 when he failed to return the keys to a rented apartment and answer his phone.

His remains were found less than a week later on July 23 by a group of children in the town of Ingeniero Budge, a province of the Argentinian capital.

*One of the last images Algaba posted on his social media accounts. Source: Instagram*

The suitcase contained amputated legs and forearms, authorities discovered a torso on July 24 after draining the stream where the suitcase was found. A head was found in a backpack a day later on July 25.

Analysis of fingerprints and tattoos identified the body as the missing millionaire and an autopsy suggested he was shot three times before he was dismembered.

*The suitcase that was found reportedly containing body parts. Source: Clarín*

Investigators have reportedly suggested it may be the work of a professional outfit and believe the motive behind Algaba’s murder was possibly debt-related. One suspect has already been arrested in possible connection to the case.

Algaba is said to have been a crypto trader in Buenos Aires where he operated an office that employed 25 other traders.

***Related:*** ***Missing ‘Bitcoin Millionaire’ and ONFO coin co-creator found dead: Report***

He had also amassed a sizeable Instagram following in his time, with over 917,000 followers. Most of the content revolves around luxury cars and his beloved dog.

It was reported that Algaba had a $3,300 (900,000 Argentine pesos) debt in bounced checks, $4,400 (1.2 million Argentine pesos) owed to banks, and another debt of $70,000 again related to a bounced check.

In late 2022 a spate of mysterious and sudden deaths of crypto billionaires caused wild theories in the community.

Between October and December 2022, MakerDAO co-founder Nikolai Mushegian, crypto broker Javier Biosca, Amber Group co-founder Tiantian Kullander Russian crypto billionaire Vyacheslav Taran and major Bithumb shareholder Park Mo all suffered seemingly untimely deaths.

***Magazine:*** ***$3.4B of Bitcoin in a popcorn tin — The Silk Road hacker’s story***

[Source link](https://cointelegraph.com/news/missing-crypto-millionaire-found-dismembered-suitcase)