PIN-UP Global CEO comments on Zotko's detention

PIN-UP Global CEO comments on Zotko's detention
PIN-UP Global CEO comments on Zotko's detention

Marina Ilyina, CEO of PIN-UP Global, has spoken for the first time about the detention of Igor Zotko, owner of the Ukrainian casino of the same name. In her comment, she called the law enforcement agencies' claims absurd and the situation surrounding the brand politically motivated.

Absurd accusations and politicisation of the situation
According to Ilyina, the main claim is that Igor Zotko's company, Ukr Game Technology LLC, paid royalties to GuruFlow Team LTD, a company she owns that is registered in the jurisdiction of Cyprus. 

The accusations concern a possible link between this company and Russia, which Ilyina considers absurd. She emphasised that she is Ukrainian, actively supports her country, and founded a charitable foundation in 2022. In addition, her company's activities are fully transparent and available for verification through open sources.

Support for Ukraine and treason charges
Ilyina noted that PIN-UP Ukraine has been one of the country's largest taxpayers for several consecutive years, while Igor Zotko, who is accused of treason, spent several million euros supporting Ukrainian military personnel.

Impossibility of predicting the future for investors
The company's CEO expressed concern that at any moment, investigative bodies, in particular the State Bureau of Investigation (SBI), could interpret legitimate business operations as "treason" and block accounts. 

Ilyina also stated that the SBI has become a political tool rather than a law enforcement agency.

As a result of the current situation, PIN-UP Ukraine's operations have been effectively suspended, and the company's accounts have been blocked.

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