Six months later, Snopko, little-known in the media circles, registered Hub Glavcom<\/em> LLC with a nominal capital of UAH10 million and bought Ukrainian Media Systems<\/em> LLC that owns Glavcom<\/em> electronic news publication in July 2023.<\/p>\n\n\n August 31, 2023, yet another Media Hub Ukraine<\/em> LLC with a nominal capital of UAH3 million emerged in the register of legal entities with Tetiana Snopko being the only beneficiary. According to the Ukrainian media market representatives, the new-made owner of five media is getting ready to purchase other Ukrainian media, in particular telegram channels.<\/p>\n\n\n\n According to the market representatives\u2019 estimates, the cost of three publications and the magazine owned by Ekonomika Communication Hub<\/em> LLC at the time Tetiana Snopko bought it could possibly range from $0.7 to $1.3 million, while Glavcom<\/em> could have cost her $2.5 to $3 million.<\/p>\n\n\n\n We tried to figure out who Tetiana Snopko is and where she\u2019s got so much money from to literally buy up one national Ukrainian media after another. And why she needs them given the fact that there\u2019s been a major decline in the advertising market because of the war and today the media in Ukraine are toxic assets rather than profitable, which you can tell even by Ekonomika Communication Hub<\/em> LLC with its revenues dropping, according to Youcontrol<\/a>, from UAH 13.7 million in 2021 to UAH 4.8 in 2022, that is almost threefold.<\/p>\n\n\n\n As open source information suggests, Tetiana Snopko, a 37-year-old Dnipro citizen, has been an employee throughout her entire career and has never had her own business. Pursuant to the register of ownership rights to real estate, she owns only a small two-room apartment with a total area of 42 square meters in the old prefabricated apartment block on Bohdan Khmelnytskyi Avenue, Dnipro city. Snopko also owns a 2017 BMW X3.<\/p>\n\n\n In Dnipro, Snopko was the editor-in-chief of the sports internet publication and she had been the communications director at Noosphere Ventures<\/em> for over 8 years. It is the company whose portfolio includes dating and gambling websites as well as scientific startups and social educational projects. Noosphere Ventures<\/em> belongs to Maksym Poliakov, a well-known Ukrainian entrepreneur from Zaporizhzhia city who was ranked 11th<\/sup> by Forbes in the list of the richest Ukrainians with a fortune of UAH800 million in 2022. <\/p>\n\n\n\n After the outbreak of the Russian full-scale invasion of Ukraine, Snopko moved to the Czech Republic where, according to her friends, she was even looking for a job<\/a> but already at the end of 2022 she started buying up the Ukrainian media and registering limited liability companies with a millions worth nominal capital.<\/p>\n\n\n\n Even though Snopko had got almost a minimum wage at Noosphere<\/em> \u2014 according to the tax service, Noosphere<\/em> NGO paid her UAH 6300 t\u043e UAH 13,500 a month during 2018-2021. However, it wasn\u2019t her only income. Since 2013, Snopko has been working as an individual entrepreneur in the area of Data Processing, Publishing Information on Websites and Related Activities<\/em>.<\/p>\n\n\n\n According to her tax declarations, three companies, namely TT Media<\/em>, Payment Work<\/em> and PM Plus Media <\/em>LLCs, paid her a year\u2019s total of UAH 928,000 in 2018, UAH 1,045,000 in 2019, UAH 1,102,000 in 2020, and UAH 944,000 in 2021. That is for the last four years before the full-scale war when Snopko looked for a job in the Czech Republic, she had managed to earn about UAH4 million. Given the fact that she was likely using this money for living all this time, it is far from enough to buy several media at once and register companies with a total nominal capital of UAH 13 million.<\/p>\n\n\n\n Tetiana Snopko refused to answer this question when giving her comments to Forbes. Speaking of why she needed the mentioned media, she admitted herself that it was impossible to earn money off the media as business nowadays. \u2018I can even tell you that the market is wild. It doesn\u2019t exist\u2026 I\u2019m from the IT industry, and for me the media is primarily a product, a platform, working with traffic. It is a digital asset in the first place,\u2019 she said without explaining what it meant and what the point of making such purchases these days was.<\/p>\n\n\n\n Our sources from Glavcom<\/em>\u2019s editorial staff shed some light on this picture revealing us that Snopko wasn\u2019t the final beneficiary of the purchased media but more likely a mediator, an \u201cappointee\u201d. The actual buyer of all the mentioned media is entrepreneur Maksym Krippa who has been barely known up until recently.<\/p>\n\n\n Maksym Krippa is a long-term partner of Maksym Poliakov, Tetiana Snopko\u2019s former employer. Snopko has been providing her services as a PR-manager to both of them up to this day. According<\/a> to Forbes, when it published the article about Krippa, it was Tetiana Snopko who communicated with its editors on his behalf and represented his interests. When asked directly about her relations with him, she answered that he was just the man she knows and described their cooperation as a \u201cconsultation\u201d.<\/p>\n\n\n\n A lot of internet resources indicate that Maksym Krippa and Maksym Poliakov were developing the gambling and online dating business together in the early 2010s. As of 2013, Krippa and Poliakov\u00a0owned<\/a>\u00a0GGS<\/em>\u00a0and\u00a0GMS<\/em>\u00a0online casinos which is\u00a0confirmed<\/a>\u00a0by the materials in the court case at the time on the division of assets with their Russian partners Sergey Tokarev and Rustam Gilfanov. Later on, Poliakov and Krippa started organizing online casinos under\u00a0Vulk@n\u00a0<\/em>brand and actively developing the latter in many countries, including Ukraine where gambling was prohibited until 2020.<\/p>\n\n\n\n That\u2019s why, in 2016, the Main Investigation Department of the Security Service of Ukraine (SSU) initiated criminal proceeding No. 22015000000000379 under Article 203-2, clause 1, Article 203-2 (Illegal Gambling Activity<\/em>), and clause 2, Article 258-5 (Funding Terrorism<\/em>) of the Criminal Code of Ukraine. The investigation found out that despite the gambling prohibition in Ukraine Poliakov Maksym Valeriiovych and Krippa Maksym Volodymyrovych created a range of websites (www.vulkan-champion.co\/ru\/ru, www.casino-club-online.com, www.casino-velcam.com,\u00a0www.vulkan-russia.com\u00a0<\/strong>and www.vulcanoriginals.com) under\u00a0Vulk@n\u00a0<\/em>brand and used them to provide online casino services.<\/p>\n\n\n\n According to the SSU\u2019s information, Poliakov was the actual founder and investor of\u00a0Vulk@n<\/em>\u00a0online casino, while Maksym Krippa was the CEO of\u00a0CloneFish\u00a0<\/em>IT company that developed games for online-casinos and administered and maintained\u00a0Vulk@n\u00a0<\/em>websites as well as protected them from electronic interferences by the authorities. In 2014,\u00a0CloneFish<\/em>\u00a0became part<\/a>\u00a0of another Maksym Krippa\u2019s company\u00a0EvoPlay<\/em>\u00a0which is still developing games for online casinos.<\/p>\n\n\n\n In addition, to legalize the gambling money Maksym Poliakov, as the criminal proceeding materials suggest, together with his companions Ihor Spodin and Ihor Boshniakov created in Dnipro an organization called\u00a0Association Noosphere\u00a0<\/em>(where Tetiana Snopko worked) and\u00a0Avrora Tecnologies\u00a0<\/em>LLC whose current bank accounts received the money that was earned from the illegal activity of\u00a0Vulk@n\u00a0<\/em>online casino and \u2018further transferred to other dummy-like companies\u2019 accounts. It was then cashed and distributed among those involved in this criminal activity.\u2019<\/p>\n\n\n\n Moreover, a number of resolutions of the Shevchenkivskyi District Court of Kyiv City dated January 2017 imply that a part of money siphoned to the offshore companies controlled by Maksym Poliakov was further processed and transferred to fund the Donetsk and Luhansk People’s Republics<\/em>. That was obviously the reason why Funding Terrorism<\/em> was the second clause in the criminal proceeding. We don\u2019t know how this case has ended. Taking into account that there are no other related documents in open registers and the fact that in case of several other legal actions connected with Maksym Krippa (particularly regarding tax violations and drunk driving) he managed to evade responsibility, Poliakov and Krippa are most likely to have got away with it in this case as well.<\/p>\n\n\n\n For Ukraine, after the resolution on legalizing the gambling market had been approved in 2020, it wasn\u2019t big news that the lion\u2019s share (mostly shadow) of this market was gamblers with Russian roots. In 2022, the Commission for Regulation of Gambling and Lotteries had already granted licenses for working in Ukraine to the Russian bookmaker 1xBet<\/em> that tried to disguise as a Ukrainian company titled Your Betting Company <\/em>LLC. The public reaction made the Commission revoke the issued licenses but nobody promised to keep other Russian gambling business representatives away from our market.<\/p>\n\n\n\n April 15, 2021,\u00a0Conqueror\u00a0<\/em>LLC obtained from the Commission for Regulation of Gambling and Lotteries a license to provide online casino services under\u00a0Vulk@n\u00a0<\/em>brand at vulkancasino.ua.\u00a0Conqueror\u00a0<\/em>LLC is registered for offshore company\u00a0Darlox Ltd\u00a0<\/em>(99.9%) and Stanislav Rudenko (0.1%), a native of Nizhyn city, Chernihiv oblast. However, before 2021, the beneficiary of\u00a0Conqueror\u00a0<\/em>LLC was Cyprian resident Theodor Theodoros (Fedor Fedorov), the founder of\u00a0Novologic<\/em>\u00a0company whose CEO in 2010-2015,\u00a0according to<\/a>\u00a0YouControl system, was Maksym Krippa. Just two months before getting a license for working in Ukraine,\u00a0Conqueror\u00a0<\/em>LLC removed Theodor Theodoros from its founders.<\/p>\n\n\n\n Whereas\u00a0the owner of\u00a0Vulk@n<\/em>\u00a0trademark<\/a>\u00a0in Ukraine is Cyprian company\u00a0DAREOS LTD<\/em>. The European Union Intellectual Property Office\u00a0registered the right<\/a>\u00a0to\u00a0Vulk@n<\/em>\u00a0trademark to the same company in 2021. In Russia,\u00a0Vulk@n<\/em>trademark is registered to\u00a0DAREOS HOLDING LTD<\/em>\u00a0which is identical to\u00a0DAREOS LTD<\/em>. They are both registered at the same address in Cyprus and have the same people in their management structure.<\/p>\n\n\n\n Thus,\u00a0Vulk@n<\/em>\u00a0trademark owners in Ukraine and Russia are fully related non-resident firms implying the common business beneficiary in all the countries where\u00a0Vulk@n<\/em>\u00a0online casinos operate.<\/p>\n\n\n\n Who are they? We have found the answer in the\u00a0papers of administrative case<\/a>\u00a0No. D2021-0892 dated 2021 at the World Intellectual Property Organization (WIPO) where the abovementioned Cyprian company Dareos Ltd. managing\u00a0Vulk@n<\/em>\u00a0(VULK@N, VOLC@NO, VULC@N, \u0412\u0423\u041b\u041a@\u041d<\/em>) trademark submitted a complaint against Ukrainian citizen Serhii Myronenko for the illegal use of its trademarks and domain names on five websites, including vlk-casino-online.com and fan-vulcan.com and others, which provided gambling services under\u00a0Vulk@n<\/em>\u00a0brand.<\/p>\n\n\n\n As part of this case, the plaintiff provided the WIPO with its data on its rights to\u00a0Vulk@n<\/em>\u00a0brand as well as information on who owns these trademarks.<\/p>\n\n\n\n \u2018This entity [Dareos Ltd.<\/em>] manages trademarks for the Ritzio International Group and group member Ritzio Purchase Limited (collectively, \u201cRitzio\u201d), an entertainment group operating in the Russian Federation (\u201cRussia\u201d) since 1992 and in other European markets since 2005. The group\u2019s website is found at \u201cwww.ritzio.eu\u201d. According to the Complaint, the Complainants license the relevant trademarks to Ritzio,\u2019 the case files read.<\/p>\n\n\n\n The fact that Russian company\u00a0Ritzio<\/em>\u00a0is an ultimate beneficiary of the whole ecosystem of\u00a0Vulk@n<\/em>\u00a0gambling sites is pointed out by another action No.\u00a0D2015-0222<\/a>\u00a0as of 2015 filed with the WIPO by\u00a0EvoPlay<\/em>\u00a0LLC against Russian citizen Timur Ziganshin for the unauthorized use of\u00a0Vulk@n<\/em>\u00a0domains in Russia. In its complaint,\u00a0EvoPlay<\/em>, a Ukrainian IT company, specified that it also received the exclusive rights to use\u00a0Vulk@n<\/em>\u00a0trademarks from the Russian\u00a0Ritzio International Group<\/em>\u00a0in December 2014.<\/p>\n\n\n\n That is a Ukrainian company in the midst of the Russian aggression against Ukraine started developing the Russian gambling business, at the same time vigorously protecting it from the illegal use of the trademarks in Russia itself.<\/p>\n\n\n\n EvoPlay<\/em>\u00a0is considered to be one of the largest Ukrainian IT companies presenting itself as an international gambling games provider with offices in Kyiv, Lviv, Prague and Limassol (Cyprus) and developing games for online casinos, mostly for\u00a0Vulk@n<\/em>\u00a0whose all websites in both Ukraine and Russia use\u00a0EvoPlay<\/em>\u00a0games.<\/p>\n\n\n The founders of\u00a0Evoplay Entertainment<\/em>\u00a0LLC registered in Kyiv are Cyprian company\u00a0EvoPlay LTD<\/em>\u00a0and Ukrainian citizen Ivan Kravchuk, and the ultimate beneficiary is some Cyprian Georgiou Savvas. But Maksym Krippa is the actual owner of the company which is confirmed by both a range of Ukrainian gambling market players and SSU\u2019s archives that established a direct connection between Krippa and\u00a0EvoPlay<\/em>\u00a0as part of the criminal proceeding. And another little trace that Krippa hasn\u2019t managed to \u201cclean up\u201d on the internet despite all the recent efforts to hide his ties with\u00a0Vulk@n<\/em>\u00a0casino.<\/p>\n\n\n\n One of Maksym Krippa\u2019s phone numbers 06750\u202684 in GetContact app that shows what names different phone numbers have in the contact list has the tag Kripa Maksym Vladimirovich Evoplay<\/em>. <\/p>\n\n\n In its turn, phone number 06744\u202685\u00a0of Oksana Kovaliova (Miroshnychenko) who was also part of the SSU\u2019s criminal proceeding related to Marksym Krippa and Maksym Poliakov in 2016 as their accountant in\u00a0Vulk@n<\/em>\u00a0project has the following tags:\u00a0Oksana Acc Krip<\/em>,\u00a0Oksana Lawyer Evo<\/em>,\u00a0Oksana Lawyer Vulk@n Dnipro<\/em>,\u00a0Oksana EvoPlay<\/em>.<\/p>\n\n\n Ritzio<\/em>\u00a0Russian holding is the actual creator of\u00a0Vulk@n<\/em>\u00a0gambling brand that was born in the 2000s in Russia. After gambling had been officially banned in the Russian Federation, the company started developing the brand in Eastern Europe, including Ukraine, Germany, Italy and Croatia where Ritzio administers more than 200 gambling clubs called\u00a0Vulk@n<\/em>,\u00a0Vulk@n Stern<\/em>\u00a0and\u00a0Vulcano della Fortuna<\/em>\u00a0as well as websites www.vulkanvegas.com and www.vulkanvegas-online.com with the corresponding mobile apps.<\/p>\n\n\n Ritzio<\/em> holding belongs to the Russian billionaire Oleg Boyko who also owns Finstar<\/em> holding and Rive<\/em> Gauche<\/em> perfume network. As of 2014, Russian Oleg Boyko owned Patriot<\/em> Ukrainian private lottery that was part of Finstar<\/em> investment holding through the Cyprian company Cehriba Investments Limited<\/em>.<\/p>\n\n\n As Nashi Hroshi<\/em> project reported<\/a> in August 2014, Oleg Boyko made money off lotteries not only in Ukraine but also in his motherland. In the Russian Federation, his lottery was called Pobeda<\/em> [Victory<\/em>] and as it turned out its income was used to support the Russian army which at the time had already annexed Ukrainian Crimea and waged a war in Donbas. In 2016, Patriot<\/em> private joint-stock company was sanctioned<\/a> by the National Security and Defense Council of Ukraine \u2018considering the involvement with Russian businessmen and possible funding of the Russian army.\u2019<\/p>\n\n\n\n Meanwhile, in summer 2015, the law-enforcement bodies conducted a search of the EvoPlay<\/em> office in 1, Naberezhno-Pecherska Street, Kyiv, on suspicion of working for Russian oligarch Oleg Boyko. The search confiscated the server with data on the company\u2019s activities, a part of office equipment, gambling machines, accounting documents with several dozens of seals and stamps of different firms.<\/p>\n\n\n\n \u2018A part of income from\u00a0EvoPlay<\/em>\u00a0activities obviously went directly to Russian billionaire Oleg Boyko since\u00a0Ritzio International<\/em>\u00a0he owns has the exclusive agreement with\u00a0EvoPlay<\/em>\u00a0for representing its assets in the gambling sector, namely\u00a0Vulk@n<\/em>\u00a0trademark under which slot machine clubs worked in the past,\u2019 the media reported back then.<\/p>\n\n\n\n That is only half a year after the journalists had published information that Russian businessman Oleg Boyko, a Ukrainian lottery owner, directed his earnings to fund the Russian aggression against Ukraine, Poliakov and Krippa became partners with Boyko, received rights from him to use\u00a0Vulk@n<\/em>\u00a0brand and started managing the casino websites in his interests implying a regular fixed payment or some percent from income.<\/p>\n\n\n\n As it\u2019s been already mentioned, Maksym Krippa has been recently trying to hide this story and his ties with the Russian gambling market, cleaning up any mentions of him in connection with\u00a0Vulk@n<\/em>\u00a0casino on the internet. And that\u2019s understandable \u2014 building business in Ukraine with such past in the conditions of the Russian aggressive war would be hard, to say the least. We have to admit that to some extent Krippa has managed to foul his trail and start buying up Ukrainian companies, real estate and the media with the money he earned in the Russian gambling industry without attracting attention to himself as a business partner of the Russian oligarch who supports aggression against Ukraine.<\/p>\n\n\n\n Thus, in July 2022, Maksym Krippa became the owner<\/a> of NAVI<\/em> esports brand, the club whose teams have earned $18.7 million of prize money for 12 years. The company\u2019s founder and owner was Oleksandr Kokhanovskyi whom Russian Forbes called one of the most influential people in the post-Soviet esports in 2019.<\/p>\n\n\n\n Despite the criticism, NAVI<\/em> didn\u2019t think, either before its owner had changed or after it, that there were any problems with Russian players being part of its teams who are still present in NAVI<\/em> rosters. For example, Russians Andrey Kiprsky, Dmitry Ilyushin, Artem Adarkin and Aleksandr Pirogov are still listed on the NAVI<\/em> website as players in NAVI<\/em>teams. On June 20, 2022, in the middle of the Russia\u2019s full-scale war against Ukraine, NAVI<\/em> on its website informed<\/a>that it returned Ivan Kapustin to its team without saying a word about the fact that he was Russian. And in November 2022, NAVI<\/em> was reported<\/a> to have won PUBG Global Championship 2022<\/em> in Dubai earning over $1 million of prize money, and the tournament\u2019s best player who got additional $10,000 was Artem Adarkin, a citizen of the Russian Federation and a player of Ukrainian NAVI<\/em>.<\/p>\n\n\n\n Kokhanovskyi\u2019s and Krippa\u2019s soft position towards Russia is there for a reason. In 2018, Kokhanovskyi was a co-owner of ESForce<\/em>, the third largest enterprise funded by USM Holdings<\/em> belonging to Alisher Usmanov, a Russian oligarch close to Putin, who invested<\/a> $100 million in Kokhanovskyi\u2019s project in 2015. ESForce<\/em> was bought by the Russian company Mail.ru Group<\/em> in 2018. Kokhanovskyi\u2019s partner from ESForce was Anton Cherepennikov, the founder of Citadel<\/em> system that helps the Russian special services track internet users\u2019 activity and monitor telephone conversations.<\/p>\n\n\n\n So it was not unusual for either Oleksandr Kokhanovskyi or Maksym Krippa to have relationships with a Russian businessman. Probably that\u2019s why 1xBet<\/em>, the notorious Russian bookmaker, was NAVI<\/em>\u2019s title sponsor in 2020.<\/p>\n\n\n\n Partnership between Kokhanovskyi and Krippa looks even tighter and isn\u2019t limited to only one agreement regarding NAVI<\/em>. Back in 2020, they bought the building of Dnipro<\/em> hotel in the heart of Kyiv in Khreshchatyk Street at a high-profile auction for UAH1,111,000,000. The auction winner was Smartlend<\/em> LLC registered at 130, Kyivska Street, Brovary city, in the building that according to<\/a> YouControl<\/em> belongs to Maksym Krippa. Oleksandr Kokhanovskyi presented this purchase to the public saying that<\/a>, \u2018It was Ukrainian IT guys rather than Russian oligarchs that have won the auction sale of Dnipro<\/em> hotel.\u2019<\/p>\n\n\n\n However, Andrii Kholodov, a people\u2019s deputy at the time, made a statement<\/a> that contradicted Kokhanovskyi\u2019s words and pointed out that the purchase of Dnipro<\/em> hotel might involve\u2026 the same old Krippa\u2019s partner \u2014 Russian billionaire Oleg Boyko.<\/p>\n\n\n\n \u2018The auction sale of\u00a0Dnipro<\/em>\u00a0hotel was likely won by Russian gambling baron Oleg Boyko (Ritzio Entertainment<\/em>\u00a0group:\u00a0Patriot<\/em>\u00a0lottery,\u00a0Vulk@n<\/em>\u00a0casino,\u00a0Metro-Jackpot<\/em>\u00a0slot machine clubs,\u00a0Khreshchatyk<\/em>\u00a0business center,\u00a0OLBI Group<\/em>),\u2019 he wrote on his Facebook page.<\/p>\n\n\n\n To confirm that, he attached the archive tax data showing that Maksym Tereshchuk, the CEO and co-owner of Smartlend<\/em> LLC that had bought the hotel, was an employee of such gambling companies as Fair Game<\/em>, MDK<\/em> and Proryv<\/em> that were part of the already mentioned Oleg Boyko\u2019s Russian holding Ritzio<\/em>.<\/p>\n\n\n\n It came as no surprise that Boyko surname appeared in the agreement between Krippa and Kokhanovskyi. It is obvious that UAH1,111,000,000 for buying a hotel in the center of Kyiv is too much money for a Ukrainian firm with a nominal capital of UAH11 million. And it\u2019s not that much money for a Russian gambling tycoon with an estimated fortune of $1.1 to $1.5 billion.<\/p>\n\n\n\n However, another well-known name surfaced in this story \u2013 Danylo Hetmantsev, the head of the Tax Committee of the Verkhovna Rada of Ukraine, whom journalist Serhii Ivanov has recently accused<\/a> of working for the Russian Federal Security Service (FSB). Several firms where Maksym Krippa is an owner, namely Profit Team<\/em> LLC and Midal<\/em>LLC, are managed by CEO Oleksandr Osoka (who is also a co-founder of Maksym Krippa\u2019s MK Foundation<\/em>Charitable Organization) whose personal phone number 09763…35 in GetContact is associated with tags Oleksandr from Hetmantsev<\/em>, Sasha State Property Fund<\/em> and ![\"\"](\"https:\/\/pwn.wikkidd.com\/wp-content\/uploads\/2023\/11\/1.png\")
Who Is Tetiana Snopko?<\/strong><\/h2>\n\n\n\n
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Where is the Tetiana Snopko’s Money from?<\/strong><\/h2>\n\n\n\n
![\"Maksym](\"https:\/\/pwn.wikkidd.com\/wp-content\/uploads\/2023\/11\/3.png\")
Vulk@n<\/em>\u2019s Russian Roots<\/strong><\/h2>\n\n\n\n
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<\/figure><\/div>\n\n\nUkrainian Money for Funding the Russian Army?<\/strong><\/h2>\n\n\n\n
![\"Vulkan](\"https:\/\/pwn.wikkidd.com\/wp-content\/uploads\/2023\/11\/9.png\")
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![\"Russian](\"https:\/\/pwn.wikkidd.com\/wp-content\/uploads\/2023\/11\/11.png\")
The Empire Expands. NAVI<\/em>, GGBet<\/em>, MainCast<\/em><\/strong><\/h2>\n\n\n\n