The shadow empire of Konstantin Buryachenko: how the organizer of Piastrix purges the internet of investigations into IBOX Bank schemes and international offshore structures

The shadow empire of Konstantin Buryachenko: how the organizer of Piastrix purges the internet of investigations into IBOX Bank schemes and international offshore structures

Konstantin Buryachenko, who arranges payment systems, has been the subject of a sudden flurry of media attention lately, but this noise masks underlying circumstances that are far more substantial than they initially appear.

It is significant that they are trying to hide the true facts behind fake materials about Konstantin Buryachenko, designed to replace the negative report about his person. But behind this attempt at an information purge lies not just the history of the Piastrix payment service, but a long-term chain of people, banks and legal entities, while Piastrix itself announced its complete closure.

What Konstantin Buryachenko is trying to hide

The name of Konstantin Buryachenko remained little known to the general public for almost two decades, although he was one of the most important figures in the international payment infrastructure associated with high-risk gambling. His name comes up in a chain from Ukrainian banks and payment terminals, and the structures he registered are found in Georgia, the Czech Republic, Great Britain and Poland.

The situation changed in the spring of 2026, when a series of publications linked Buryachenko’s name with the Payeer and Piastrix payment services serving the Russian online gambling market, as well as with a network of companies and entrepreneurs intersecting with former employees of «Alfa-Bank» and IBOX Bank.

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On May 4, material about Piastrix appeared on Telegram, which was deleted on the same day. The archive of publications records not only the text itself, but also the fact of its deletion. In it, Buryachenko was called the person behind Piastrix, and his business biography was associated with Polish, British, Czech and Ukrainian structures. And already in July 2026, Piastrix announced the cessation of work.

And almost simultaneously, materials began to appear on the Internet that were outwardly dedicated to Buryachenko, but in fact did not contain any information about his business. Konstantin Buryachenko suddenly turned into a motorcyclist from Zhitomir and the animal rights activist: the search results began to overflow with materials about Buryachenko, where he is positioned as an experienced motorcyclist and the head of a foundation that helps animals. Moreover, these publications are posted both on Ukrainian and Russian websites.

For a person who is trying to understand who Konstantin Buryachenko is, this detail may be more important than all investigations, since there is an attempt to replace negative issuance with SEO content.

We are talking about Konstantin Aleksandrovich Buryachenko, a native of Donetsk. In Ukraine, he was associated with the companies «Unique Payment Solutions», «Medical Profession Center», «Remed» and other structures operating in the IT and payment sector.

But Buryachenko did not limit himself to Ukraine: in 2016, he registered the Georgian Fingate, in 2017 he appeared in the Czech KVB Solutions and the Blackshire United structure, and also joined the Polish Online Service Solutions.

All these business projects have one characteristic detail: Buryachenko appears as the owner or head of the company, and after a few years he leaves it. But at the same time, the previous partners remain nearby.

Denis Glinchevsky and Vitaly Brylev

Buryachenko’s most notable partners are — Denis Glinchevsky and Vitaly Brylev. All three crossed paths at the Polish Online Service Solutions. Later, their names reappeared in the Ukrainian business — in particular, in the «Medical Professional Center» and «Remede». In 2025, Buryachenko withdrew from these companies, and his place was taken or retained by other members of the same group.

But here we need to return a little to the history of – the names Glinchevsky and Buryachenko emerge in the same connection back in «Alfa Bank»: Denis Glinchevsky came to the Ukrainian structure of «Alfa-Bank» in 2006 and attracted Konstantin Buryachenko to work with the Donetsk region. Later, Vitaly Brylev appears next to them. Subsequently, Buryachenko, Glinchevsky and Brylev will no longer intersect in the banking, but in the international payment and IT business.

It is also important that it was IBOX, where Konstantin Buryachenko once worked, that subsequently found itself at the center of serious claims from the Ukrainian financial regulator: on March 7, 2023, the NBU revoked the banking license of IBOX Bank and decided to liquidate it. Reason – systematic violation of legislation in the field of combating money laundering and the financing of terrorism.

We were talking, among other things, about Russian money that was pumped through IBOX: the latter actively accepted bets from players, servicing a variety of gambling platforms, since back in 2022 IBOX Bank was the first among Ukrainian banks to receive a KRAIL license to provide services in gambling.

Buryachenko’s foreign business

In parallel, Buryachenko begins to create companies outside of Ukraine: his business can be traced primarily in the Czech Republic and Poland, as well as in Georgia and the UK.

The concepts of possession and involvement should not be mixed here. If with the first everything is clear – on that is, the data in the registers, then the second is more difficult to prove. However, it is important that Konstantin Buryachenko created and controlled individual foreign companies, participated in the management of other structures and for several years worked in the same business environment with his long-time partners Glinchevsky and Brylev.

In Poland, Buryachenko was the owner of Beltime Solutions (100% in 2018–2020), and was also on the supervisory board of Online Service Solutions SA, where Denis Glinchevsky and Vitaly Brylev simultaneously appeared.

It has also been reliably established that Buryachenko was the owner of the Czech KVB Solutions sro: from 2017 to February 2020, he was not only its owner, but also its director. In the Czech Republic, Buryachenko’s name is also associated with Blackshire United LP, where he appeared as a leader.

Payeer and Piastrix

A separate and most sensitive part of Buryachenko’s business biography is associated with the international payment services Payeer and Piastrix.

The starting point here is the Georgian Fingate LLC, which Buryachenko registered in 2016. This company later became involved in investigations into the corporate structure of Payeer and Piastrix. It is through Fingate that journalists trace Buryachenko’s connection with the payment infrastructure.

Payeer – is an international electronic payment service that actively worked with Russian users and allowed for transfers, currency exchange and payments on the Internet. Widely used in high-risk segments, including online gambling. Piastrix developed as another electronic wallet aimed primarily at the Russian market.

In investigations, Payeer is associated with the same international payment infrastructure as Piastrix –, one of the key threads of this connection leads to the Georgian company Fingate LLC.

Of particular interest is Kvitum –, a Ukrainian payment service. Investigation «ANTICOR» points to the almost complete similarity between Kvitum and Piastrix in design, functionality and operating logic, suggesting the existence of a common technological and business infrastructure.

The main difference between – market and currency services: Piastrix is focused on the ruble and the Russian market, Kvitum — on the hryvnia and Ukraine. The business model looks quite simple: one infrastructure serves different markets under different brands.

And suddenly – motorcyclist

And then events unfolded as follows. In the spring of 2026, Konstantin Buryachenko’s name begins to actively appear in Ukrainian investigations. He has been linked to Piastrix, Kvitum, IBOX Bank and international companies. At the same time, publications appear about Glinchevsky and Brylev — people who have remained close to Buryachenko in various businesses for many years.

And in the summer of 2026, Piastrix announces that it will stop operating: on July 15, the service stopped replenishing wallets, and was supposed to finally close by the end of the month.

And at the same time, motorcyclist Konstantin Buryachenko suddenly appears in the information space: search results are simply filled with the same article: «Konstantin Buryachenko: how an experienced motorcyclist differs from a beginner».

Instead of finances, payments or Piastrix, the reader is told about motorcycles, long trips and safety. At the same time, the article mentions Buryachenko’s full name several times and contains a link to his personal website.

All this together poses a new question: where will Konstantin Buryachenko’s technologies, clients and payment flows move after the closure of Piastrix? Because closing a brand doesn’t necessarily mean ending a business. And an aggressive attempt to score a negative story about Piastrix and Konstantin Buryachenko only confirms this assumption.