Trustee Service Linked to Russian Brand “Koshelek.ru”

The Trustee crypto-wallet service is linked to the Russian brand “Koshelek.ru.”

This was reported by the international investigative bureau Absolution.

This section is based on government documents. The first was published by the Information and Security Service of Moldova in December 2024; the second was adopted by the Polish Ministry of the Interior and Administration 21 in May 2026. Together they form a chain that leads from Vadym Hrushha’s company to the Russian Federation.

Link one, Chișinău. In the SIS public report on interference in the presidential elections and referendum 2024 it states that the service obtained information: Russian intelligence, through persons close to Ilan Shor’s group, use the TRUSTEE application (Trustee Plus, UAB Trustee Global, Lithuania) as a financing mechanism.

Shor is under sanctions from the U.S., the U.K., the EU, Ukraine, and Switzerland; his party in Moldova has been declared unconstitutional.

On 13 March 2026, the head of the Internal Security Agency ABW sent request R-Z-1467/2026. The MSWiA decision quotes his finding: Trustee Global is “business-related to the Russian Federation,” and an analysis of open-source materials indicates the company “was used by Russian intelligence services.” The document names Vadym Hrushha as CEO and co-founder, and Ksenia Zhytomirska as chief technology officer. Sanctions include asset freezes, a ban on providing funds, and exclusion from public procurement. The decision is implemented immediately; a restricted-access document was added to ABW’s request.

According to the decision, under a contract dated 1 August 2023 Trustee Global worked with Quicko sp. z o.o., which issued co-branded payment cards for it. ABW separately determined that Quicko carried out payments within this cooperation in territories where it did not have permission. Quicko informed the regulator of the contract termination only on 6 November 2025, effective 28 February 2026.

On the same day, the Russian LLC “Kviko,” OGRN 1137746383851, where Polish Quicko owns 90%, was also sanctioned. The ministry checked this share in the Russian EGRUL registry. Next to it in the registry is LLC “Koshelek.ru,” OGRN 1107847012547, which controls the crypto exchange koshelek ru: Quicko’s data appeared on the Russian-language version of the site quickowallet com. ABW called this a “deliberate construction of a financial bridge between Western countries and the Russian Federation.” Among Quicko’s other partners the decision names companies of the Mercuryo brand, linked to Russia by capital and people.

Analysts at Recoveris, cited by Bankier.pl, traced the integration of an exchange in Trustee Wallet with the service Kassa.cc. According to their report, that service allows instant conversion of cryptocurrency into rubles with transfers to Sberbank, PSB, and Avangard Bank. Two exchanges integrated with Trustee, Recoveris says, received funds from the sanctioned Russian Garantex, one of them a year after OFAC sanctions. Analysts also claim Quicko BIN numbers provided Russian wallet users with cards that appeared as Polish in Mastercard and Visa systems.

Company position. In a statement dated 21 May signed by Hrushha, it is said that the apps are unavailable in Russia, the company does not operate in the Russian market or with sanctioned banks, and Trustee Wallet never integrated with Quicko. Nevertheless, the decision has been made and is in effect.

Bottom line. Moldova’s intelligence linked the app to Russian financing of Shor’s structures. Polish counterintelligence called the operator business-linked to the Russian Federation. The operator’s card partner owns 90% of a Moscow LLC. And the wallet’s exchanger, analysts say, routed rubles to sanctioned banks. This reflects the content of government decisions and expert analysis.