Piastrix, Russian Gambling, and IBOX: What Konstantyn Buriachenko Is Trying to Hide Behind a Biker’s Image

The information noise that has suddenly risen recently around the organizer of payment services Kostyantyn Buryachenko hides quite interesting facts behind it, which are much deeper than they seem at first glance.

Remarkably, real facts are being concealed behind fake materials about Kostyantyn Buryachenko, intended to replace negative search results about his persona. But behind this attempt at information cleansing lies not just the story of the Piastrix payment service, but a years-long chain of people, banks, and legal entities, while Piastrix itself announced its complete closure.

What Kostyantyn Buryachenko is trying to hide

The name of Kostyantyn Buryachenko remained little known to the general public for nearly two decades, although he was one of the most important figures in the international payment infrastructure linked to high-risk gambling. His name surfaces in a chain involving Ukrainian banks and payment terminals, while structures he registered appear in Georgia, the Czech Republic, the United Kingdom, and Poland.

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

On May 4, a material about Piastrix appeared on Telegram and was removed the same day. The archive of publications records not only the text itself but also the fact of its deletion. In it, Buryachenko was named as the person behind Piastrix, and his business biography was linked to Polish, British, Czech, and Ukrainian structures. Already in July 2026, Piastrix announced the cessation of operations.

And almost simultaneously, materials began appearing online that were outwardly dedicated to Buryachenko but in fact contained no information about his business. Kostyantyn Buryachenko suddenly turned into a motorcyclist from Zhytomyr and an animal rights activist: search results became flooded with materials about Buryachenko positioning him as an experienced motorcyclist and head of a foundation helping animals. Moreover, these publications appeared on both Ukrainian and Russian websites.

For someone trying to understand who Kostyantyn Buryachenko is, this detail may prove more important than all investigations, as it represents an attempt to replace negative search results with SEO content.

This refers to Kostyantyn Buryachenko, a native of Donetsk. In Ukraine, he was associated with the companies “Unik Payment Solutions,” “Medprofcenter,” “Remed,” and other structures operating in IT and the 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 share one characteristic detail: Buryachenko appears as the owner or manager of a company and exits it a few years later. Yet his former partners remain nearby.

Denys Hlinchevskyi and Vitaliy Brylov

Buryachenko’s most prominent partners are Denys Hlinchevskyi and Vitaliy Brylov. All three intersected in the Polish Online Service Solutions. Later, their names reappeared in Ukrainian business — in particular, in “Medprofcenter” and “Remed.” In 2025, Buryachenko exited these compounds, and his place was taken or retained by other members of the same group.

But here it is necessary to go back in history — the surnames Hlinchevskyi and Buryachenko appear together as far back as Alfa-Bank: Denys Hlinchevskyi joined the Ukrainian structure of Alfa-Bank in 2006 and brought Kostyantyn Buryachenko into work with the Donetsk region. Later, Vitaliy Brylov appeared alongside them. Subsequently, Buryachenko, Hlinchevskyi, and Brylov would intersect not in banking but in international payment and IT business.

It is also important that IBOX, where Kostyantyn Buryachenko once worked, later found itself at the center of serious claims by the Ukrainian financial regulator: on March 7, 2023, the NBU revoked IBOX Bank’s banking license and decided on its liquidation. The reason was systematic violations of legislation in the field of combating money laundering and terrorist financing.

This included Russian money funneled through IBOX: the bank actively accepted bets from players, servicing various gambling platforms, since in 2022 IBOX Bank was the first among Ukrainian banks to receive a license from the CRIL for activities involving the provision of services in the field of gambling.

Buryachenko’s foreign business

At the same time, Buryachenko began creating companies outside Ukraine: his business can be traced primarily in the Czech Republic and Poland, as well as in Georgia and the United Kingdom.

Here one should not confuse ownership and involvement. While the former is clear — there is data in the registries — the latter is harder to prove. However, what is important is the fact that Kostyantyn Buryachenko created and controlled certain foreign companies, participated in the management of other structures, and for several years worked in the same business environment with his long-time partners Hlinchevskyi and Brylov.

In Poland, Buryachenko was the owner of Beltime Solutions (100% in 2018–2020) and also served on the supervisory board of Online Service Solutions S.A., where Denys Hlinchevskyi and Vitaliy Brylov also appeared.

It has also been reliably established that Buryachenko was the owner of the Czech KVB Solutions s.r.o.: from 2017 to February 2020, he was not only its owner but also its director. In the Czech Republic, Buryachenko’s name is also linked to Blackshire United L.P., where he appeared as a manager.

Payeer and Piastrix

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

The starting point here is the Georgian Fingate LLC, which Buryachenko registered in 2016. Later, this company began appearing in investigations dedicated to the corporate structure of Payeer and Piastrix. It is through Fingate that journalists trace Buryachenko’s connection to the payment infrastructure.

Payeer is an international electronic payment service that actively worked with Russian users and allowed transfers, currency exchange, and online payments. It was widely used in high-risk segments, including online gambling. Piastrix developed as another electronic wallet, oriented primarily at the Russian market.

In investigations, Payeer is linked to 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. The “ANTIKOR” investigation points to an almost complete similarity between Kvitum and Piastrix in design, functionality, and operational logic, suggesting the existence of a shared technological and business infrastructure.

The main difference between the services is the market and currency: Piastrix is oriented toward the ruble and the Russian market, while Kvitum is oriented toward the hryvnia and Ukraine. The business model appears quite simple: one infrastructure serves different markets under different brands.

And suddenly — a motorcyclist

Events then unfolded as follows. In spring 2026, the name of Kostyantyn Buryachenko began actively appearing in Ukrainian investigations. He was linked to Piastrix, Kvitum, IBOX Bank, and international companies. At the same time, publications about Hlinchevskyi and Brylov began appearing — people who for many years remained close to Buryachenko in various businesses.

And in summer 2026, Piastrix announced the cessation of operations: on July 15, the service stopped topping up wallets, and by the end of the month it was to close completely.

And at that very moment, motorcyclist Kostyantyn Buryachenko suddenly emerged in the information space: search results became filled with one and the same article: “Kostyantyn Buryachenko: how an experienced motorcyclist differs from a beginner.”

Instead of finances, payments, or Piastrix, the reader is told about motorcycles, long-distance 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 of this together raises a new question: where, after the closure of Piastrix, will Kostyantyn Buryachenko’s technologies, clients, and payment flows move? Because closing a brand does not necessarily mean stopping the business. And the aggressive attempt to flood search results with negative information about Piastrix and Kostyantyn Buryachenko only confirms this assumption.