…This time it’s Vyacheslav Taran

The curious case of cryto bosses mysteriously dying over the last several weeks continues .. this time it’s Russian head of Libertex, Vyacheslav Taran.

Taran, aged 53, took off in a helicopter from Lausanne, Switzerland and died in a crash with his pilot somewhere near Monaco. A companion, who was supposed to travel with him, had pulled out at the last minute.

Only yesterday, Our Today reported on the death of Tiantian Kullander, founder of the Amber Group, who passed away in his sleep. He was only 30 years old. His crypto company was exposed to fallen FTX.

A few weeks before that tragic incident, another crypto boss, Nikolai Mushegian’s body was found on a beach in Puerto Rico. The 29-year-old was feared to have drowned. Before his demise, he was complaining that CIA and Mossad were going to kill him but had no proof that these national security agencies planned to take his life.

Taran’s crash happened on a clear day and mystery surrounds his death. He founded the trading platform Libertex and Forex Club.

A company statement read: “It is with great sadness that Libertex Group confirms the death of its co-founder and chairman of the board of directors Vyacheslav Taran, after a helicopter crash that took place en route to Monaco on Friday 25 November 2022.

“The Board of Directors of Libertex Group and company employees extend their most heartfelt condolences and sympathy to the Taran family.”

The bankruptcy of the crypto company, FTX has put the spotlight on the industry and the young players who head these enterprises. In many cases, young men with little experience are making billions of dollars in a very short space of time while vowing “to break the wheel of traditional banking and the financial system”.

CRYPTOCURRENCY MARKET FALLS TO US$800 BILLION

Over the last month, the cryptocurrency market has fallen from US$3 trillion to US$800 billion.

Yesterday, BlockFi filed for Chapter 11 after having to stabilise its business due to its exposure to FTX. It will also have to lay off many of its workers.

It has been widely reported that the head of FTX, Sam Bankman-Fried, used customers funds to sure-up his other ventures. Bankman-Fried at one time had personal assets of US$26 billion. It was said that he was a modern-day JP Morgan.

US Treasury Secretary Janet Yellen is calling for the crypto industry to be regulated and for greater care to be taken with digital assets.

Taran’s Forex Club had its licence revoked in Russia in 2018 after it was discovered that he was ripping off investors.

Libertex was founded in 1997. It is primarily a CFD brokerage where traders do not own the underlying assets but speculate on the price movements of those assets.