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The chilling death of Fernando Perez Algaba, a crypto influencer
The death of Fernando Perez Algaba was not a coincidence. This influencer who flaunted wealth on social media was actually drowning in debt, mainly due to failed crypto investments.
It chills me to think how someone can pretend to have so much luxury while sinking financially. Algaba owed money to the Argentine tax agency and, what turned out to be fatal, also to the dangerous gang Barra Bravas.
His terrible financial management and the loans requested from dangerous characters led him to a terrible end. He received violent threats a week before his dismembered body was found in a suitcase on July 23, 2023 in Ingeniero Budge, Buenos Aires province.
The story of Algaba warns us about the risks of financial instability while maintaining a facade of wealth. His main mistakes were evident: he mismanaged his money while pretending to be opulent, got involved with violent groups in Argentine football that became his creditors, and built an entirely unsustainable image of success on social media.
Its downfall was the result of financial excesses, poor investments, and risky loans, all sustained by a false image that ended in tragic consequences.