The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto dealer, are unknown since Monday. Regulation enforcement officers at the moment are investigating his attainable abduction whereas some within the native crypto neighborhood speculate he is likely to be hiding from disgruntled traders.
Bulgarian Authorities Examine Attainable Kidnapping of Alleged Crypto Millionaire
Police in Bulgaria try to find a businessman who went lacking below unusual circumstances earlier this week. The 32-year-old Alexander Altunbashev is an IT specialist and entrepreneur who, in keeping with media reviews, made cash from crypto buying and selling.
Prosecutors in Sofia are trying into his attainable kidnapping as the primary suspected purpose for his disappearance. Quoting sources from the investigation, Nova TV reported that Alexander’s sister, Teodora, spoke with him earlier than he left for Plovdiv, Bulgaria’s second-largest metropolis.

On Monday morning, Teodora gave him a experience to Sofia’s Mladost district. Later that day, she noticed a person unlocking and getting into her brother’s house, proper subsequent door to her personal house. When she requested him who he was and what he was doing, he left telling her solely he was “in a rush” and getting in an SUV pushed by a girl.
Investigators discovered Alexander’s house turned the wrong way up. They imagine that whoever did it was in all probability making an attempt to achieve entry to his financial institution accounts or cryptocurrency wallets. The final time Teodora managed to succeed in him over the cellphone, Alexander advised her he was touring in the direction of Burgas, on Bulgaria’s Black Beach.
Alexander’s atypical habits and her failed makes an attempt to speak to him once more when his cellphone was switched off satisfied Teodora to name the police. Investigators have additionally interrogated the crypto dealer’s girlfriend, Kristina, who didn’t know of any threats in opposition to him or points along with his enterprise relations.
Altunbashev Might Be Hiding From Shoppers, Crypto Group Suspects
The missing IT knowledgeable’s cellphone was final used from a location simply outdoors Sofia. The final particular person to talk with him was Ivaylo Borisov, an individual with a legal document recognized by his alias ‘Torino,’ who’s an in depth good friend of Alexander. The 2 have been supposed to fulfill at midday on Monday however the crypto dealer didn’t present up. Borisov is collaborating with legislation enforcement authorities.
In the meantime, speculations have emerged within the nation’s crypto neighborhood that Alexander Altunbashev could have truly determined to enter hiding as he was in all probability investing funds for purchasers that will have been misplaced. “If he was certainly managing cash for others, and also you get up one morning and the cash has turned to zero — perhaps there’s a battle with the individuals which are in search of their cash,” commented Vladislav Dramaliev, director of Bithope Basis, quoted by bTV.
The case follows the latest crypto market hunch that led to main cash like bitcoin (BTC) and ether (ETH) shedding half of their worth since final 12 months’s all-time highs and the collapse of crypto initiatives. In response to unconfirmed reviews by different Bulgarian publications, Altunbashev remodeled €6 million (virtually $6.5 million) in 2021 and allegedly boasted to pals about costly actual property purchases in Greece and Dubai. His Facebook profile reveals he has visited different unique locations as nicely.
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