Who was Tiantian Kullander, Hong Kong's crypto king? The Amber Group co-founder's shocking death at age 30 has sparked debate over what happened.
Unfortunate Death
Amber Group issued a formal statement on its website, announcing the unfortunate demise of its esteemed billionaire co-founder, Tiantian, also known as "TT". According to the announcement, TT passed away peacefully in his sleep on November 23rd 2022, at the young age of 30. However, no specific details regarding the cause, location, or circumstances surrounding his untimely demise have been disclosed.
Prior to his involvement with Amber Group, TT held prominent positions at distinguished financial institutions such as Morgan Stanley and Goldman Sachs. His unexpected passing has given rise to various theories and speculations, after crypto millionaire Nikolai Mushegian also died last month.
Born in 1992 in Hong Kong, China, Tiantian Kullander’s early life remains relatively private. He completed his basic education in a local school before pursuing higher studies at a renowned university in China. Tiantian was married to Monica Qian and had a son.
Questions Over Mystery Death
His sudden death has shocked many around the business world, and has raised questions as to what exactly happened to the company's co-founder.
Last year, the exchange was valued at US$3 billion. Like all exchanges in a market downturn, the company at the time of Kullander's death was cutting staff and seeking investment.
He also made it on the Asia Forbes' 30-under-30 list. Amber Group said that Tiantian built Amber into "a multi-billion fintech unicorn". Many felt that his passing was extremely strange as he was known to be in great health, and yet death during sleep in healthy 30-year-olds is very statistically uncommon.
The Rise of the Crypto King
Tiantian Kullander began his career as an intern at investment bank Jefferies in 2011 and later joined Goldman Sachs as a Structured Credit Trading partner. With determination and hard work, he co-founded the Amber Group, a prominent cryptocurrency company. Under his guidance, the company diversified into electronic market-making, consumer products, institutional services, and more.
According to the New York Post, the news comes at a critical moment for Amber Group, as they were on the verge of securing a substantial investment of around US$100 million. During this time, the company was actively engaged in raising funds for their upcoming ventures.
The untimely passing of Tiantian has sparked widespread discussions and queries across various platforms such as blogs, pop-up sites, and cryptocurrency pages. At the time of his death, Tiantian Kullander net worth was estimated to be $3 million. Additionally, the Amber Group, was valued at $3 billion. He had ambitious plans to further increase the company's profits by $200 million. Reports suggest that his personal net worth may have been around $100-150 million, earned primarily through business and investments.
In crypto circles, TT was well respected and admired. Amber Group has achieved major success, with a massive US$3 billion valuation after Forbes reported that Amber Group raised S$275 million (US$200 million) in a funding round led by state investor Temasek.
On its website, the team describes itself as a team of "entrepreneurial technologists, traders, and engineers on a mission to create frictionless marketplaces". Kullander also listed himself as sitting on the board of esports company Fnatic and as a founding member of Rook Labs on his LinkedIn page.
Well-Liked and Family Man
In the statement from Amber Group, it said the businessman's "insights and creativity inspired many projects, people and communities".
"TT's legacy will live on and we will work even harder to make Amber the category-defining leader of our industry, as this was TT’s ambition and dream," concluded the statement on the company's website.
The tribute also revealed that TT was married and a father, with Amber Group saying "TT was a devoted husband, a loving father and a fierce friend. His passing is a tragedy and our thoughts and prayers are with his family.”
Uncanny
News of Kullander's death has sparked a series of conspiracy theories after the death of cryptocurrency millionaire Nikolai Mushegian.
Mushegian died on October 28 at the age of 29, per the New York Post. He drowned on a Puerto Rican beach just hours after tweeting that Mossad and the CIA were trying to murder him, reports the same source.
According to the publication, he was an early developer of Maker DAO, the largest decentralised finance protocol, the report continues.
New York Post also received a tip from an anonymous source claiming that the crypto developer was a loner who lived with his dog. After breaking up with his girlfriend, he was convinced she was a "spy".