(Scypre.com) – Prior to the discovery of a suitcase containing dismembered body parts on the riverbanks, a crypto millionaire named Fernando Pérez Algaba received menacing messages from an individual named Iglesias. In a threatening voice message, Iglesias warned Algaba of dire consequences, including the possibility of blinding him and cutting off his hands due to his wealth.
The grim discovery was made by a group of children playing near a stream in Argentina. The police, working with only the arms and legs initially, managed to identify the victim through tattoos and fingerprints. The victim was confirmed to be Algaba, a 41-year-old cryptocurrency influencer and entrepreneur who had disappeared on July 18. His head was found floating downstream in a rucksack a few days later.
Further investigation revealed that Algaba had been shot three times and that his limbs had been cleanly amputated, indicating the involvement of a skilled criminal. One suspect was arrested in connection with the murder.
Algaba had reportedly amassed significant debts with Argentina’s tax agency, and he allegedly faced troubles with the Barra Bravas gang, who claimed he owed them $40,000. Additionally, he owed Iglesias’ son $70,000, leading to tensions between them. Iglesias expressed anger and threatened Algaba through messages and calls, blaming him for causing harm to his son.
Another individual named Adrian Tesei also confronted Algaba, claiming that he was owed money. Tesei warned Algaba about the consequences of failing to repay the debt but denied making threats.
Algaba’s life story revealed that he had started as a humble pizza delivery boy before achieving success through Forex trading and cryptocurrency investments. He later ventured into building a car and jet ski rental company in Miami.
While Algaba had moved to Barcelona, Spain, he returned to Argentina shortly before his murder. During the COVID-19 pandemic, he struggled with a gambling addiction that worsened as he continued to invest in cryptocurrencies, leading to mounting debts.
Despite the tragic outcome of his life, Algaba’s path from humble beginnings to crypto success remains a cautionary tale of the challenges posed by financial pressures and addiction.