Stephen “tWitch” Boss, the amiable DJ for “Ellen DeGeneres Show” and dancer who rose to fame on “So You Think You Can Dance,” has died, his wife, fellow dancer Allison Holker Boss, confirmed in a statement yesterday.
The 40 year old TV star is believed to have committed suicide, by shooting himself in at the head with a handgun, Media Take Out reported.
Now Media Take Out just got some pretty interesting tea, on what may have pushed DJ Twitch over the edge.
We spoke with a person who knew the deceased TV star well, and they told us that over the past few months, Twitch lost MILLIONS of dollars in failed crypto investments.
The insider explained, “[Twitch] was very big into crypto and NFTs. He put a lot of money into them, and for a while he was doing really good.”
Unfortunately, the entire crypto and NFT market has taken a turn for the worse in recent months. And according to Twitch’s friend, the TV star lost millions.
“[Twitch] lost millions. We talked about it, and he was really stressed out over it,” the friend told Media Take Out.
And while the friend could not say whether it was the huge financial loss that caused Twitch to take his own life, the friend told us, “I’m sure it contributed to his mental state.”
One year ago, investors were describing bitcoin as the future of money and ethereum as the world’s most important developer tool. Non-fungible tokens were exploding, and the Coinbase exchange
was trading at a record and the NBA’s Miami Heat was just into its first full season in the newly renamed FTX Arena.
In the 12 months since bitcoin topped out at over $68,000, the two largest digital currencies have lost three-quarters of their value, collapsing alongside the riskiest tech stocks. The industry, once valued at roughly $3 trillion, now sits at around $900 billion – losing more than 70% of its value.
