The crypto world is in shock following the tragic death of Christian Peev, a 41-year-old cryptocurrency enthusiast from the US.

Friend Suspected in Peev’s Death

Christian Peev went missing in early August, and after his concerned cousin reported his disappearance on August 10, an investigation was launched. A few days later, plumbers attending to a blocked drain in Sofia, Bulgaria, made a gruesome discovery: human remains causing the obstruction.

The remains were identified as Peev’s, though some parts, including the head and bones, were missing. These were later found buried, as they couldn’t be flushed.

Vesco Valchinov, a bartender Peev had befriended at an event, has emerged as the primary suspect in the case. Surveillance footage revealed that Peev and Valchinov entered Valchinov’s home on August 8, but only Valchinov was seen leaving the next day.

Evidence suggests that Valchinov might have used a dumbbell to kill Peev in his home. Yet, he wasn’t alone in this grim act. Konstantin Subotinov, believed to be Valchinov’s accomplice, was arrested and confessed to helping dispose of parts of Peev’s body.

Attempting to evade capture, Valchinov fled to a hotel in Vitosha. However, his phone gave away his location, leading to his arrest.

Motive Behind the Murder: Greed or Envy?

While the substantial wealth Peev accumulated from his crypto ventures is believed to be a motive, investigators are also considering jealousy as a potential driving force behind the crime. The theory suggests Valchinov might have envied Peev’s success. The investigation continues, with authorities piecing together the events leading to this sorrowful incident.

This isn’t the first such incident in the crypto community. Just a month prior, Fernando Pérez Algaba, a crypto influencer, was found dead and dismembered in Buenos Aires, Argentina. His death is suspected to be linked to a significant debt he had incurred.