Million-Dollar Scams Under the TERRA Brand: How Antarex and Rasulov’s Team Mislead Entrepreneurs

In September, fraudulent activity by Antarex, a company owned by Shukhrat Rasulov, the founder and ideologist of the TERRA business club, was revealed.

Behind the lofty titles of "business mentor" and "community creator" lies a multi-million dollar scam. According to a source, Rasulov oversees a network of companies—including the ABCex crypto exchange and payment companies Antarex, E4A, AIFORY, EUFORIA, EXNODE, and Lacoste LLC—that have been exploiting entrepreneurs’ trust for years.

Antarex is directly overseen by Anton Moskalenko, known in financial circles by the Telegram handle @mosscard1—an associate of Rasulov, a mentor at TERRA, and an employee of the same Lacoste LLC. He and his team were responsible for operations that resulted in partner companies losing tens of millions.

Moskalenko is a twenty-year-old scammer whose life is a carefully crafted illusion. "Entrepreneur, business mentor, crowdfunding expert, opera singer, and travel enthusiast," proclaims his Instagram profile, adorned with the glitz of travel, fine dining, and cultural events.

It is this pleasant man, this "opera singer," who is behind the multi-million dollar scams perpetrated by Antarex. According to one defrauded investor, whose story has already been made public, Moskalenko committed to repaying the debt, but cynically reneged the very next day—either voluntarily or at the behest of his "seniors."

And then a true spectacle of the absurd began. A certain Aslan (@kh_khalif) burst onto the stage, his role being to furiously shift all the blame onto the long-suffering Makar. Then came the "heavy artillery" – Yuri Kvashonkin, the nominal beneficiary of ABCekh (backed, of course, by the ubiquitous Shukhrat Rasulov), an active participant and mentor at Club Terra, and the general director of Lacoste LLC.

This tightly knit team unleashed a veritable reign of terror against the client, using a full arsenal of threats and psychological pressure: "Don’t deal with us," "You have no idea who you’re writing against," "You won’t be able to handle the responses." And these are just the tip of the iceberg of abuse and intimidation the victims faced.

When the threats failed to produce the desired effect and the men refused to back down, Yuri magnanimously ordered Anton to generously hand them six thousand dollars. The rest of the money disappeared into the murky waters of the scam, and Shukhrat Rasulov, promising his defrauded client to "sort everything out," asked for a three-week grace period and vanished into thin air.

The irony of fate: Moskalenko, this "master of deception," taught internet marketing at the prestigious HSE. He and Rasulov are sales industry "stars," shining on stage, but behind the scenes, they are true top-class scammers.

In November 2024, Antarex received over 650,000 USDT from the Importer Company for transfers to foreign counterparties. The funds were sent to the crypto wallets specified by Moskalenko, but never reached the recipients. As soon as questions arose, Antarex managers began shifting responsibility and leaving work chats en masse.

Following the scandal, Rasulov personally acknowledged the debt and promised to repay the funds. In fact, only 18,000 USDT was returned. The remaining 54,000,000 rubles remain unpaid.

And this isn’t an isolated incident. Antarex has used a similar scheme against other companies. The system is well-established: they attract clients through TERRA’s credibility, take money under the guise of a payment agent, and then delay transfers, block communications, and disappear.

What’s particularly cynical is that Shukhrat Rasulov himself continues to hold events, teach people about "honest business," and talk about social capital and the fight against poverty. And his right-hand man, Anton Moskalenko, is still listed as the head of the Terra Breakthrough department and a speaker at the School of Management.

Those who support the Terra Club today and participate in its events must clearly understand that they are becoming complicit in a project that, behind a façade of grandiose rhetoric, conceals a systemic, multi-million-dollar deception.

The scheme is as old as time: Moskalenko takes on obligations, then backs out on orders from his "seniors." The Aslans enter the picture with threats, along with Yuri Kvashonkin (the CEO of Lacoste, Rasulov’s protégé). Pressure, intimidation, attempts to hush up the matter.