Blum – Russian owners of a crypto exchange under the guise of Humster Kombat

27 June 2024 4 minutes Author: Cyber Witcher

We are talking about the Blum crypto exchange, which turned out to be a Russian project managed by individuals from Russia, in particular Volodymyr Smyerkis. The owners of Blum worked for Russian companies and pay taxes in the Russian Federation. The article calls for caution regarding content advertised on dubious channels and exposes hidden threats from such projects for Ukrainian society.

What is Blum?

Blum is a crypto exchange that supports over 30 blockchain platforms and created the BlumCryptoBot game on Telegram. In this game, users press a button to get a reward. The format is similar to Humster Kombat, and it is also a Russian product.

The application is operated by Blum Labs Inc, a company registered in Panama on March 27, 2024. The founders of Blum are Hleb Kostarev and Volodymyr Smyerkis. Kostarev worked at Binance, while Smyerkis was involved in controversial projects such as Tokenbox.io. Blum’s leading developer is Volodymyr Maslyakov.

In March 2024, Binance Labs selected Blum to participate in the startup accelerator.

The owners of Blum are Russians. Who is Volodymyr Smyerkis?

If you look at the profile of Volodymyr Smyerkis on LinkedIn, you can see his professional achievements. From the list of his achievements, it is easy to conclude that he is Russian, although he notes that he currently lives in Dubai.

Screenshot from Smjerkis’s LinkedIn profile

Volodymyr Smyerkis was educated at Plekhanov Russian University of Economics. Prior to Blum, he worked at Binance as General Manager Russia and General Manager CIS. In addition, he held the position of Deputy Vice President for International Development at Mail.Ru Group.

Smyerkis often speaks at conferences in Russia. For example, in April 2024, he gave a lecture at the Moscow State Institute of International Relations. He is also a scheduled speaker at the Tech Week conference in Skolkovo, where he will discuss Russia’s positioning in the global crypto market.

A screenshot from the conference website, where Smyerkis is among the speakers

Volodymyr Smyerkis is also the author of the book on the creation of startups “Silicon Days” and the podcast of the same name, the main audience of which is from Russia and Georgia. He is registered as an individual entrepreneur in Russia, engaged in IT activities, and is a co-founder of Hello Bot LLC together with Yakov Akhtyamov and Anton Kopylov. As of February 2024, this company has tax arrears in the amount of 2 thousand rubles. Until July 2023, Smyerkis was at Internet Supply LLC, whose turnover in 2023 amounted to 21.9 million rubles.

Contacts of Blum founders

Volodymyr Yuriyovych Smyerkis

Kostarev Hleb Viktorovych

Hamster Kombat, Mellstroy and Russian traffic police

Blum is a Google Play game published by Caruzo Apps, which also published Hamster Combo: PvP Kombat and Smurf Cat. Blum’s game URL contains “com.mellstroy.table”, which may be a reference to the Belarusian-Russian trash blogger Mellstroy. The game was previously called Mellstroy The Game. The URL of Hamster Combo: PvP Kombat contains “com.gibddmreo“, which is also found in the URL of the Russian application “ГИБДД МРЕО”. As of June 2024, this link has the game.

As you can see, Russian products are trying to penetrate the Ukrainian information space, using unobtrusive entertainment and promising easy rewards. We urge you to be careful and check the content, because “free cheese in a mousetrap” may turn out to be Russian bait.

The information was taken from the open sources of Molfar

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