Court seizes assets from Monolit office: over 2,800 documents and Apple equipment

Court seizes assets from Monolit office: over 2,800 documents and Apple equipment
Court seizes assets from Monolit office: over 2,800 documents and Apple equipment

Judicial authorities decided to fully grant the prosecutor's motion to seize assets recovered during a search at an office linked to the Monolit network. The seizure covers dozens of bank cards belonging to individual entrepreneurs, over 2,800 sheets of documents, and Apple equipment.

Charges of smuggling and money laundering

The Economic Security Bureau (BEB) is investigating criminal case No. 72025001110000049 under several articles: smuggling (Part 3 of Article 201-3 of the Criminal Code), legalization of proceeds obtained by criminal means (Part 3 of Article 209 of the Criminal Code), and tax evasion in especially large amounts (Part 3 of Article 212 of the Criminal Code).

According to the investigation, a criminal group led by Kyrylo Pakhomov organised a scheme to import Apple Inc. equipment, other brands, quadcopters, charging devices, and accessories into Ukraine, bypassing customs control. The subsequent sale of goods took place through stores and trading structures that are not authorised distributors or resellers of Apple. Meanwhile, financial operations were not reflected in accounting and tax reporting.

Financial flows and crypto wallet

The sale of products was conducted through the company MONOLIT, the online store mnlt.com, and Telegram channels. Payments were accepted in cash (in hryvnia and foreign currency), to accounts of individuals and individual entrepreneurs, and in cryptocurrency.

A key episode of the investigation is the analysis of a Tether USDT crypto wallet on the TRC-20 network. From 5 March 2022 to 14 February 2026, 26.85 million USDT was received into this wallet. In hryvnia equivalent, this amount is approximately 1.067 billion UAH. The distribution of inflows by year is as follows:

  • 2022 — approximately 106.4 million UAH;
  • 2023 — approximately 168.8 million UAH;
  • 2024 — approximately 127.6 million UAH;
  • 2025 — approximately 599.1 million UAH;
  • early 2026 — approximately 65.6 million UAH.

Disproportion between income and assets

Officially declared income of Kyrylo Pakhomov from entrepreneurial activity for the period from the third quarter of 2023 to the second quarter of 2025 amounted to only approximately 14.9 million UAH. The main type of activity was listed as data processing and information hosting. The investigation believes that this discrepancy indicates the presence of undeclared income.

The total amount of unpaid taxes, according to the investigation's estimates, was 78.5 million UAH, of which 72.5 million UAH is personal income tax (PIT) and 6 million UAH is the military levy.

Search details and court decisions

The search was conducted in a non-residential premises at 8 Stepan Bandera Avenue in Kyiv. During the procedure, three individuals were present in the office who refused to provide passwords to their phones and laptops.

On 10 July, the investigating judge of the Shevchenkivskyi District Court of Kyiv ruled to seize only part of the recovered assets: iPhone phones, MacBook laptops, notebooks, and some documents. The court then refused to seize the rest of the recovered items, including cash. However, subsequently, the courts fully granted the prosecutor's motion, resulting in a significantly larger amount of assets from the Kyiv office being placed under seizure.

The investigation into the Monolit network case is ongoing. Previously, this network was featured in publications as a supplier of "grey" Apple equipment outside official distribution channels. Kyrylo Pakhomov appears in the case materials as the leader of the organised group, and according to the investigation, over one billion hryvnia passed through the crypto wallet linked to him.

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