A MakerDao Murder Mystery?

Market Meditations | November 2, 2022

From the verified to us plebs, Crypto Twitter is full of eccentric personalities and conspiracy theories.

  • Nikolai Mushegian, the former DAI stablecoin developer, was found dead in Puerto Rico at the age of 29.
  • Mushegian not only played a vital role in the creation of DAI, but cofounded Balancer, one of the largest dexes on Ethereum.
  • Reported as a drowning, his death was the result of a swimming accident caused by strong ocean currents at the country’s Condado Beach.
  • Now, this tragic story takes a strange twist. Just days before his death, the DAI developer tweeted that he was going to be tortured to death by the CIA and Mossad. He also claims to have uncovered a sex trafficking, entrapment, and blackmail ring being run out of Puerto Rico and the Caribbean Islands.

Is this a real-life murder mystery? Conspiracy theories abound, but these unusual claims have led to speculation that Mushegian might have been in the midst of a mental health crisis. We may never know the truth of it, but stress from work, life, and other issues can be overwhelming at times. In any case, a Mushegian’s death is a tragedy that, for the moment, remains shrouded in mystery.