What did Vyacheslav Taran die off? The famous Russian crypto billionaire and CEO has passed away. Details on his death and fortune.
This is a mystery! The world of cryptocurrency is losing gurus to death. We can talk of Tiantian Kullander, the co-founder of Hong Kong-based digital asset company Amber Group, who died in his sleep on November 23. He was 30.
Cryptocurrency developer Nikolai Mushegian drowned to death in October at the age of 29. Authorities have not raised suspicion of foul play in either case.
Now, Russian crypto billionaire Vyacheslav Taran, president of Libertex Group and the founder of Forex Club, has been reportedly confirmed dead on 25 November 2022. So, what was Vyacheslav Taran’s cause of death and net worth?
What was Vyacheslav Taran’s cause of death?
A Russian billionaire has died in a helicopter crash near the French-Italian border, marking the latest sudden death of a figure in the cryptocurrency world.
Vyacheslav Taran, 53, founder of Forex Club and president of the Libertex Group, was the sole passenger of a helicopter that crashed in Villefranche-sur-Mer this weekend, according to multiple reports.
“It is with great sadness that Libertex Group confirms the death of its co-founder and Chairman of Board of Directors, Vyacheslav Taran, after a helicopter crash,” the firm, which bills itself as a leading foreign exchange and crypto trading platform, said in a statement.
Taran was traveling in an Airbus H130 Lucerne, Switzerland, to Monaco when it crashed, according to local reports.
Both Taran and the helicopter’s 35-year-old French pilot were killed, the France Bleu radio network reported.
His death was confirmed by the Russian Embassy in Paris, Monday.
The helicopter crash is still under investigation, and authorities have not indicated any possibility of foul play. France Bleu reported that a second passenger had been scheduled to fly aboard the airbus to Monaco, but had canceled last minute.
Taran’s death is the latest of several in the cryptocurrency world.
In his passing, Taran also joins a long line of Russian billionaires who have died under mysterious circumstances this year.
Taran’s company, Forex Club — a reference to the foreign exchange global market on which currencies are traded — was stripped of its license in Russia in 2018 for allegedly ripping off investors, according to a report by Life, a pro-Kremlin Russian media outlet.
The site claimed Taran “has many dissatisfied clients and enemies in Russia, who could well get him abroad.”
Taran is survived by his wife and three children.
What was Vyacheslav Taran’s net worth?
Vyacheslav Taran had an approximate net worth of around $20.2 billion, according to cointelegraph.com. He made this massive fortune from his professional career as the Libertex Group president and the Forex Club founder.
Talking about his professional career, Vyacheslav Taran began his career shortly after completing his graduation. He started working as a radio engineer during his initial days. Later, Taran founded Libertex Group in November 1997.
Linertex Group is a multinational brand that has achieved more than 25 years of online-trading experience. Clients can trade stocks, currencies, indices, commodities, gold, gas, oil, and others on their foreign exchange trading platform. Unfortunately, the trading platform was shut down in 2018 by the Russian Central Bank but later re-opened.
The Libertex trading platform was founded under the Forex Club, registered in Cyprus in 2012. The Forex Club has over 700 employees, and more than 2,200,000 clients are currently using this trading platform from the Americas, Europe, and Asia.