Cryptocurrency Pioneer Wrote CIA Would ‘Frame’ Him a Day Before He Died in Puerto Rico
November 2, 2022 | Puerto Rico
The co-founder of the cryptocurrency lending platform MakerDAO and the decentralized stablecoin Dai, Nikolai Mushegian, has been found dead in Puerto Rico at the age of 29, sparking speculation on Twitter regarding the circumstances surrounding his death.
Mushegian’s death was confirmed by local news outlet El Nuevo Dia on Friday.
The publication, citing police, reported that he had drowned after being swept away by strong sea currents close to Condado Beach in an area that is known for being dangerous.
Officials said that Mushegian had been a resident of San Juan at the time of his death. The young man reportedly showed no vital signs when police discovered his body.
The scene was reportedly investigated by the San Juan Homicide Division and a local prosecutor.
Mushegian was a highly-regarded figure in the cryptocurrency community and helped develop multiple blockchain-based decentralized financial platforms and stablecoin systems as well as being a co-founder of Balancer, an automated portfolio manager and trading platform on Ethereum.
Most recently, he had been working on a free-floating collateralized stablecoin system called “Rico” which was designed “with an emphasis on automation and market rate discovery,” according to his website…. (Excerpt from The Epoch Times)