Murder Suspicions Arise as MakerDAO’s Co-Creator Was Found Dead
MakerDAO's co-founder was found dead in Puerto Rico, according to local police reports.
The 29-year-old cryptocurrency developer, identified as Nicolai Arcadie Muchgian, died early Friday morning after being dragged by currents on a beach in Condado. The story takes an unexpected turn when you look at his tweets before the incident occured. His social media publications suggest there may be more to his death than what is publicly known.
MakerDAO co-founder dies after suspicious tweets
Muchgian’s mysterious death comes a day after he posted a tweet about human trafficking for sexual exploitation and extortion being carried out by the CIA, Mossad, and pedophile elites in Puerto Rico and the Caribbean. “They are going to frame me with a laptop planted by my ex-fiancée who was a spy. They will torture me to death,” Muchgian stated in his Twitter account.
CIA and Mossad and pedo elite are running some kind of sex trafficking entrapment blackmail ring out of Puerto Rico and caribbean islands. They are going to frame me with a laptop planted by my ex gf who was a spy. They will torture me to death.
— ☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️ (@delete_shitcoin) October 28, 2022
He has also tweeted several times about death threats and elaborate attempts by the so-called CIA and the aforementioned organizations to frame him. While it’s unclear what connection the cryptocurrency developer had with the groups in question, a tweet shared by his personal account says that he “is a threat to the central banking cartel.”
Let it be known that if I am somehow set up and framed or shot, it wasn’t through sophisticated actions, but from sheer perserverence by people with infinite time and money to waste.
— ☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️☀️ (@delete_shitcoin) August 5, 2022
“Let it be known that if I am somehow set up and framed or shot, it wasn’t through sophisticated actions, but from sheer perserverence by people with infinite time and money to waste” Muchgian wrote on Twitter in August.
Muchgian isn’t that popular, but he has made significant contributions to crypto
Although not much is known about Muchgian, especially within the cryptocurrency community, public testimonials and his personal website show that he has contributed immensely to several blockchain projects, some of which are still active and already mainstream, including MakerDAO and BitShares.
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Six years ago, Muchgian played a fundamental part in preventing a catastrophic attack that could have disrupted the MakerDAO protocol in a similar way that “The DAO” was exploited, leading to the Ethereum hard fork.
The website also indicates that the cryptocurrency developer has about seven ongoing projects that are likely now on hold amid his demise. Some of the projects include Manaflow, described as “an alternative to sharding,” and Rico, “a fork of DAI with an original design for rate controller and reference price calculator.”
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
