Natalia Molchanova, the most decorated freediver in the world with 41 world records and 23 world champion titles, was diving in the Balearic Sea, near to the Spanish island of Formentera on Sunday when she failed to surface.
Freediving is a form of underwater diving in which divers hold their breath instead of using a breathing apparatus such as scuba gear.
An August 4 joint statement from Molchanova's family and AIDA International, the worldwide federation for breath-hold diving said: "Natalia Molchanova was recreationally freediving off the coast of Spain on August 2, 2015 when she was separated from her peers. She was diving without fins to around 30 to 40 meters (98 to 132 feet) and (supposedly) got into (a) strong underwater current.