Who is covering for the famous crypto swindler Sergei Tron?

Anyone who is even slightly interested in cryptocurrencies has at least once heard the name Sergei Tron, who is the publisher of Bitcoin Magazine in Ukraine and Eastern Europe, and positions himself as a “crypto investor.”

The network is simply filled with materials in which Sergei Tron appears - he mainly talks about the future of cryptocurrencies and gives advice on a cosmic scale to the leadership of Ukraine on how to earn billions for the country from this. At the same time, he tells a fascinating story about how he was left without a father and was forced to feed his family, but was able to rise and become a billionaire. Moreover, he began at the age of 22 immediately as the general director of a company engaged in oil refining, wholesale fuel supplies and transportation. Well, then off we go, in the end – millions of US dollars. And all, mind you, in an absolutely honest way.

There is nothing to comment here. To be honest, such stories just make me sick. And this career of a “self-made man” has already been discussed more than once. In addition, Tron himself is confused in his own biography. For example, in the screenshot above he is “President of Ecooil LLC,” and in Wikipedia the following is already listed: “2009, having fallen asleep at Ecooil LLC (Donetsk) for the production of naphtha and the production of naphtha refining products.”

There are other inconsistencies, but they can be explained extremely simply - Tron began with the “Donetsk” during the period of their capture of all of Ukraine, and was at first a simple figurehead for Nurulislam and Roman Arkallaev, prominent representatives of the Donetsk organized crime group “Lux”. Nurulislam Arkallaev subsequently became a respected politician and was elected to parliament three times. Guess for yourself which political force. Following him, naturally, Sergei Tron came up - you can’t deny his intelligence and talent; the Donetsk team didn’t push anyone up for their beautiful eyes and didn’t let them steer the cash flows. It is extremely simple to verify that Sergei Tron is connected with the Arkallaev brothers - here is an extract from the register regarding Ecooil LLC.

And here is a little history of the company, which clarifies exactly how “poor, but hardworking and honest” Sergei Tron earned his first capital. What is interesting in this case is that all the criminal cases initiated in 2014 regarding the supply of fuel at inflated prices to the Ministry of Defense and Ukrzaliznytsia ended in nothing.

That's the whole secret. Further study of open data and registries also confirms a simple fact: Sergei Tron earned all his millions by robbing the state, and his “crypto projects” are a gigantic scam. Moreover, this is not an ordinary “pyramid” for small suckers buying a “new promising shieldcoin”, it is much more complex and, it seems, is aimed at those who have more money - at people (and, possibly, the state) who are ready to invest in mining . But more on that later, but for now let’s dig a little deeper into the biography of the “publisher and crypto investor.”

And here there is no way to bypass the City Commercial Bank, in which Sergei Tron was vice-president. By the way, Wikipedia is silent about this, but in the article dedicated to Sergei Tron on this resource, there is a note: “The neutrality of this article is in doubt. The article has a pronounced advertising character.” After studying the fate of the bank where Tron worked as vice president, it becomes clear why he tries not to advertise his involvement in the bank, which is known as CityCommerce Bank, and which went bankrupt in 2014. Previously, at least three billion hryvnia in 2013 money were siphoned out of the bank, that is, at least $375 million. Sergei Tron was not just its vice president - he was among its owners. Together with Nurulislam Arkallaev.

Global Financial Management Group, behind which Tron and Arkallaev stood, is hidden behind offshore companies from Cyprus and Belize. But it is interesting that among them there is the Ukrainian Patriot Capital LLC with very interesting founders.

The owners of Patriot Capital LLC are Frick Roger Edmund, a citizen of Liechtenstein, a “daughter” of the company DSH Establishment from the same Liechtenstein, and two citizens of Ukraine – Diamant Dmitry Ivanovich and Sachuk-Bazilevich Alexander Alexandrovich.

First, about the citizens of Ukraine. It was not possible to find information about Diamant, but the story with Alexander Sachuk-Bazilevich is much more interesting. Firstly, he and his family have a lot of debts, mainly to Expobank, which also went bankrupt in 2014 and, by a strange coincidence, also connected with Yanukovych’s “family”.

But then it’s even more interesting - they are trying to initiate a case against Alexander Sachuk-Bazilevich to recognize him as not fully capable. But that’s not all – Sachuk-Bazilevich is accused in criminal case No. 2024100060000812. It was not possible to find the source materials telling about the act he is accused of, but he is accused under the fourth part of Article 185 of the Criminal Code - “theft on a large scale.” So far, the claim to declare Sachuk-Bazilevich incompetent has been rejected, and the criminal case is being considered.

Here it is necessary to mention the loan that Sachuk-Bazilevich does not repay - its amount is $ 1,460,000, and it was issued back in 2007. It’s somewhat doubtful that you can casually walk into Expobank (or any other) and get almost one and a half million dollars for nothing. But what’s even more amazing is that all the courts rejected Expobank’s claim. That is, Alexander Sachuk-Bazilevich managed to cheat the “family” bank. Something is hard to believe. Most likely, the story is the same as with CityCommerceBank - we are talking about withdrawing money.

But obvious questions arise: either they are trying to remove co-owner of CityCommerceBank (through Global Financial Management Group and Patriot Capital LLC) Alexander Sachuk-Bazilevich from both the theft case and the case of debts to Expobank (the litigation is still ongoing, despite the cassation decision), or he is really sick. But then the question is even more interesting - what is he doing in such a company? Because Sachuk-Bazilevich’s partner in Patriot Capital LLC, Frick Roger Edmund, is the owner of three companies registered in the UK: CHIPION SERVICES LIMITED (09696630), HYDRO INDUSTRIAL LIMITED (04680533) and DUNAGE MANTRANS LIMITED (04174320). All of them were liquidated, but HYDRO INDUSTRIAL LIMITED declared its activity to be “production and transmission of electricity.”

And the company was owned, let us recall, by a partner of Sergei Tron and the Arkallaev brothers, Liechtenstein citizen Roger Frick. Most likely, he is also a figurehead, but here we must return to the biography of Tron, who states that he is the owner of White Rock Management, a company that is engaged in “investments in technology and the construction of data centers.” The latter are mining farms.

This part of Tron’s business has been written about in detail and can be found here. But there are a few points to pay attention to. It seems that cryptocurrency mining was first a personal initiative for Sergei Tron - he became interested in this area after a sharp jump in Bitcoin, which at first was of no use to anyone. But when its growth began to amount to thousands of percent, everyone rushed there. The majority simply bought. But Tron seemed to understand the problem and realized that it was better to mine. Then, however, it turned out that it costs a lot of money - both for equipment and, much more expensively, for electricity. Therefore, it seems that they decided to abandon mining farms in Britain.

However, what actually happened there is unknown. Something else is important. Sergey Tron himself calls himself the founder of White Rock Management. The Ukrainian registers include the Joint Stock Company “Closed Non-diversified Venture Corporate Investment Fund “White Rock Investments”. In English its name sounds like White Rock Management. But here is an extract from the Ukrainian registry.

And here is the structure of White Rock Management AG from Swiss registers:

The surname Tron is not here. Does this mean that he has nothing to do with the company? No. It’s just that he is not her beneficiary, but again a figurehead. It is possible that part of White Rock Management AG really belongs to Sergei Tron, it’s not for nothing that he has been withdrawing money from the “family” for so many years and serving the Donetsk people for so many years, but clearly not the main one. Among the names in the company structure, the name Alexander Voronov stands out. He was a director at the White Rock Investment Fund of Sergei Tron. By the way, pay attention to the financial results of this fund:

Voronov joined White Rock Management AG as Chairman of the Board only in 2023. Another interesting character is Oleg Tsigura. He has been with the fund since its founding in 2018. Tsigura is connected with the supply of ilmenite from mainland Ukraine to Firtash’s plant in occupied Crimea.

And now two plus two: White Rock Management AG was founded in 2018 by an unknown person (Swiss registers are closed), but the company is led by a person associated with Firtash and the Russian special services - try delivering strategic raw materials to the occupied Crimea just like that. He is replaced in this position by Giovanno Salveti, who lives in Moscow. Then he was replaced by Alexander Voronov, who worked as a director in Kyiv at the White Rock Investment Fund of Sergei Tron.

And now another fact from the extensive biography of Sergei Tron. He himself personally writes that he was “a co-founder and subsequently chairman of the supervisory board of the UkrTVS company, which produces nuclear fuel.” The story of how the Russians created this “UkrTVS” and then tried to squeeze the American Westinghouse Electric out of Ukraine through it is here. In 2019, Tron almost went to prison for this story, but was saved by a change of government. And he emerged as a crypto investor.

And now about the crypto scam that is hiding behind White Rock Management AG. Sergey Tron actively promotes in the public space the idea of ​​​​the extraordinary value of cryptocurrencies and their great future. All you have to do is enter his first and last name into a search engine and see the results. Those who are interested can even read his stories. But the point is that lies behind this - Tron is in this way trying to convey the idea that mining crypto is a super profitable activity. Naturally, this idea is not for a small sucker who bought some next “shieldcoin” with his last pennies. This is for a big loser who can afford to buy an entire mining farm and wait until the millions invested in it pay off.

Let us recall that, according to the statement of Sergei Tron, “his” White Rock Management is engaged in “creating data centers.” But, as we hope is clear from our investigation, he doesn’t have the money for this. Therefore, all this tinsel is a bait for a rich sucker who has invested in the mining farms of Sergei Tron, or may invest there. Moreover, a huge question is whether mining farms exist in reality, which, as Tron himself claims, are located in Canada, Kazakhstan, Sweden and North America (Canada is probably located somewhere else, since Tron specifically singles out North America).

Why is the presence of mining farms questionable? Due to the cost of the main raw materials for this activity, all named countries, except Kazakhstan, have a very high cost of electricity. Plus – legislation and the almost complete absence of corruption. As for Kazakhstan, Sergey Tron announced the construction of a mining farm in this country back in 2021; the project was supposed to cost $200 million. Whether anyone invested in it or not is unknown, but as of October 2024, there is no farm in Kazakhstan, and no one knows where it should have been.

Hence the simple conclusion - all these crypto-projects by Sergei Tron are a common scam, albeit with millions of investments. But there is another conclusion - maybe Sergei Tron is the organizer of the scam, he is a talented person, but it is unlikely that he is an independent player in all this “mining” nonsense. Are the Donetsk people involved in this? Undoubtedly. Are the Russians involved in this? Of course, it’s enough to study the above-mentioned story with UkrTVS, which was carried out from the very beginning to the end by the Russian special services in order to deprive Ukraine of energy independence and put its power plants on the “nuclear needle”.

Another question arises: how are representatives of the highest authorities of Ukraine involved in all this, without whom not even a single completely legal enterprise that promises profit is possible in the country. And here there is an obvious scam, with millions of dollars of the most murky origin. The answer also suggests itself.