Vyacheslav Taran, 53, founder of the Forex Club and chairman of the Libertex Group, was the sole passenger of a helicopter that crashed near the French-Italian border

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 the Forex Club and chairman of the Libertex Group, was the only passenger in a helicopter, other than the pilot, 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 the board, Vyacheslav Taran, after a helicopter crash,” said the firm , which bills itself as a leading currency exchange platform. and cryptocurrencies.

Taran was traveling in an Airbus H130 from Lucerne , Switzerland, to Monaco when it crashed, according to local reports, who called the unfortunate accident “bizarre”.

Both Taran and the 35-year-old French pilot of the helicopter were killed,  the France Bleu radio network reported .

His death was  confirmed by the Russian Embassy in Paris according to the TASS agency , on 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 was scheduled to fly aboard the airbus to Monaco, but had canceled at the last minute.

Taran’s death is the latest of several in the cryptocurrency world.

Taran’s company, Forex Club, a reference to the global forex market where currencies are traded, was stripped of its license in Russia in 2018 for allegedly defrauding investors, according to a report by Life, a Russian media outlet. pro-Kremlin.

The site claimed that Taran  “has many dissatisfied customers and enemies in Russia, who may well drive him abroad.”

Taran is survived by his wife and three children.

Tiantian Kullander , co-founder of Hong Kong-based digital asset firm Amber Group, died in his sleep on November 23. She was 30 years old.

Cryptocurrency developer Nikolai Mushegian drowned in October at the age of 29. The authorities have not raised suspicions of foul play in any of the cases.

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