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Automatically translated version. May contain inaccuracies compared to the original.
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Trustee — where does Grusha live?
We checked the British and Panamanian registries, Lithuanian and Ukrainian records, and open profiles of Trustee’s founder and his team. We do not publish residential addresses, only the cities and countries that people listed themselves or that appear in documents.
The British trail. There is no director or owner with the surnames Grusha, Zhytomyrska, Kutsenko, Kalashnikov, Demyanenko, or Kukuyetu in Companies House, nor are there companies MikePay, Trustee, or BlockSoftLab. The British structure in this story is one, and it does not belong to Trustee: it is Wirex, the issuer of the new card. So Grusha has no British legal shield.
The Panamanian trail. Grusha is not listed as a director of any company in the Panamanian registry. The owner of the app in the App Store and Google Play is MikePay Inc., 155764322, which lists Mykhailo Kutsenko, Danylo Demyanenko and Lyudmyla Kukuyetu among its officers, as well as a local nominee. Public data do not disclose the beneficiary of this company. Previously the supplier of Trustee Wallet was Blocksoftlab Inc. from the U.S. state of Delaware, No. 7176888, whose owners are also not visible.
The Lithuanian trail. UAB Trustee Global, 306099031, moved its address from Vilnius to Šiauliai. Grusha has been managing it since 5 January 2026, and the Lithuanian service Rekvizitai rates the company's credit risk as highest. The sole shareholder, according to Lithuanian data, is a foreign individual.
The Ukrainian trail. TOV “Trasti Global”, 45058862, was registered in Vinnytsia on 1 December 2022: 75 percent to Grusha, 25 percent to Dmytro Kalashnikov.
🗝 Where Grusha is now. Ukrainian Wikipedia still says he lives and works in Vinnytsia. In 2026 he himself told the Young Business Club: “I don't have a permanent place of residence right now, but the best city in the world is Vinnytsia.”
His profile on the F6S platform shows Split, Croatia. And in April, about a month before the Polish sanctions, on his Telegram channel “Vadym Grusha Trustee Plus” he announced moving the brand to the new domain trustee io and placed a geotag Limassol, Cyprus. Cyprus, Croatia and Lithuania: it is there, not in Vinnytsia, that traces of the founder are visible today in open sources.
Partners.
Co-founder and Chief Technology Officer Ksenia Zhytomyrska, who calls herself a minority owner, lists Ukraine on LinkedIn; according to her own accounts, she became interested in crypto while working in India.
Chief Operating Officer Mykhailo Kutsenko also lists Ukraine. Growth lead Danylo Demyanenko lists Poland, i.e., the country that put Trustee’s operator on its sanctions list. Senior legal counsel Lyudmyla Kukuyetu, an attorney with a certificate 2009 year, lists Portugal. Dmytro Kalashnikov appears as a co-owner of the Vinnytsia company; there are no other public geo-data about him.
🔈 The people who run the app for Ukrainian users are scattered across Ukraine, Poland, Portugal, Croatia and Cyprus. The legal owner of the app is in Panama, the operator is in Lithuania under Polish sanctions, the card is in London. A user with blocked funds has nowhere to turn: none of these addresses is an office where someone is responsible for the money.
⚙️ Questions for Vadym Grusha. Where do you live and from where do you run the company? Who is the sole shareholder of UAB Trustee Global? Did you appeal the Polish decision in court?
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