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Cryptocurrency Entrepreneur Fernando Pérez Algaba Discovered Lifeless in Argentina

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Argentine authorities have launched an investigation into the demise of Fernando Pérez Algaba, a millionaire entrepreneur and crypto influencer, following the invention of his dismembered physique in Buenos Aires Province, Argentinan information web site El Pais, reported.

Algaba, a Spainiard who had an in depth following of 900,000 on Instagram, had been residing in Argentina for per week earlier than his homicide. Police recognized him by his fingerprints and tattoos, revealing that he was shot 3 times earlier than his physique was dismembered:

“Pérez Algaba, nicknamed Lechuga, had virtually a million followers on Instagram, the place he promoted luxurious automotive leases and investments in cryptocurrencies. The principle speculation of the investigation is that he was the sufferer of a settling of scores over his money owed.”

An influential determine within the cryptocurrency area, Algaba’s entrepreneurial journey started with promoting sandwiches at 14. He ultimately collected his fortune by cryptocurrency buying and selling and a luxurious automobile rental service. His ardour for luxurious automobiles led him to amass a powerful assortment of high-end vehicles, bikes and jet skis.

Nonetheless, Algaba’s success story was marred by monetary misery. His firm, Motors Lettuce SRL, was reportedly bouncing checks lower than a yr after its inception in 2018. He additionally had irrecoverable money owed with Argentina’s tax company:

Algaba’s involvement with the notorious gang, Barra Bravas, has come beneath scrutiny following a observe on his cellphone indicating “that he had misplaced some huge cash invested in a cryptocurrency enterprise:”

“He had additionally crossed threats with the son of one of many foremost leaders of the barra brava of Boca Juniors, who demanded a mortgage of US$40,000.”

His brother, Rodolfo Pérez Algaba, nonetheless, insists that regardless of his monetary issues, Algaba was not concerned in any illicit actions.

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