03 August 2025
This project is a philosophical and artistic study of the phenomenon of "phantom nodes" — invisible yet influential objects and subjects in the contemporary global system. The descriptions contained within this study are metaphorical and allegorical, aimed at uncovering systemic problems, regimes, and civilisational influences. They are not a journalistic investigation or legal accusations, but serve as an artistic interpretation of reality.
🕳️ Released Phantom Node 36: Yuri Kovalchuk. The Banker of Propaganda
The hidden architect of mind control
Who is he?
A key figure behind the ideological machinery of modern Russia, Yuri Kovalchuk stands as one of the most influential—yet elusive—oligarchs of the Putin regime. Often described as Putin’s “personal banker,” he controls vast media holdings and financial instruments, shaping public opinion and reinforcing authoritarian control through curated narratives and engineered belief systems.
Node Type: Phantom Brain
State: Active Influence
Form of Retention: Information Monopoly, Pseudo-Religious Framing
Image: A half-silhouette surrounded by satellite waves and cash-bound ideology
Instead of a Phantom: Disguised control room, not a throne but a transmitter
Essence of the Node
– Kovalchuk operates not through public power, but through ownership of meaning: controlling media channels, financing propaganda, and crafting the “reality” perceived by millions.
– A strategist of belief, his influence is spread not through personal charisma, but through psychological saturation.
What Sustained Him?
– Privileged access to Putin, reportedly a close friend since the 1990s.
– Control over Rossiya Bank, which became the financial hub of sanctioned individuals after 2014.
– Ownership of National Media Group, controlling TV channels like Channel One and REN-TV.
– Active use of pseudo-spiritual language, casting Putin’s mission as divine or historical.
How He Became a Phantom?
– Reclusive by design, he cultivated an image of technical administrator, masking deep ideological and structural control.
– With no formal state position, he evades political accountability while shaping the regime’s core narratives.
Why the Phantom Still Exists?
– Because the system requires myth and belief—and Kovalchuk engineers both.
– His mechanisms of influence—media, ideology, and finance—remain intact and well-guarded.
Phantom Status
– Not yet fading.
– Mutating into more abstract tools: AI-based control, surveillance capitalism, predictive manipulation.
After the Regime
– Media deprogramming will be a generational task.
– The mental aftermath will outlast the political system.
Collective Reaction
Let’s name the authors of collective disorientation.
Let’s track those who printed illusion into our screens.
Core Principle
Control of meaning is the deepest form of control.
Truth must be defended not only by facts, but by freedom of thought.
Alt-text:
A sepia-toned graphite portrait of Yuri Kovalchuk, drawn on weathered paper. His semi-transparent figure is surrounded by banknotes, TV signals, media logos, satellite dishes, and financial dossiers. In his hands—both a microphone and a vault. The background features contour maps, radiowaves, and symbols of manipulation, power, and ideological control.
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Unmasking the Phantom. Pivtorak.Studio. 03.08.2025
https://www.instagram.com/pivtorak.studio
🛡️ This project is an artistic and philosophical exploration.
All descriptions are allegorical in nature.
🫧Phantom Node Dossier: Yuriy Kovalchuk. The Banker of Propaganda.
Key Aspects of the Phantom:
"The Banker of Propaganda" (or "Financial Architect of the Regime"). Yuriy Kovalchuk is a phantom node that symbolizes the merger of big capital with state propaganda. He is not just an oligarch; he is a key financier and operator who translates the regime's political ambitions into action through control over media and financial flows. His phantom essence lies in the fact that his real power is in the shadows, hidden behind the facade of a business empire.
Regimes (which he directly shapes/supports):
📡 Regime of "Media Control": Kovalchuk manages a media empire that disseminates propaganda, disinformation, and manipulation, creating an "information curtain of blindness" for the population.
💸 Regime of "Financial Coordination": He is a key banker who ensures the flow of funds for the regime's military, political, and economic projects.
🤝 Regime of "State Corruption": As one of the closest associates, he is directly involved in the distribution of shadow assets and the use of state funds for personal enrichment and the maintenance of power.
🤖 Regime of "Manipulation": He is the engineer of information operations that shape public opinion, incite hatred, and justify the criminal actions of the regime.
Tools (which he actively uses/oversees):
💰 Bank Rossiya: This is not just a financial institution, but a key tool for conducting shadow operations, financing propaganda, and circumventing international sanctions.
📺 Media Empire: Control over major media holdings ("National Media Group") allows him to fully manage the information space.
🔗 Network of Oligarchic Connections: He uses his connections with other members of the "shadow network" to coordinate financial and political operations.
📈 Financial Schemes: The creation of complex financial schemes that allow for the transfer of funds through front companies and offshore entities.
Civilizational Influences (which he embodies/exploits):
⚖️ Destruction of Information Ethics: He is a symbol of how information, which should be a tool of truth, is turned into a weapon of manipulation and deceit.
💥 Erosion of Democracy: His activities undermine the foundations of democratic societies by creating conditions for disinformation and polarization.
📉 Degradation of the Financial System: He shows how financial institutions can be transformed into tools for financing aggression and destroying the international order.
👤 Lack of Accountability: He personifies the impunity of those who control financial and informational flows, even when they support war and criminality.
Dissection of a Phantom Node. Pivtorak.Studio. 03.08.2025
https://www.instagram.com/pivtorak.studio
🛡️ This project is an artistic and philosophical exploration.
All descriptions are allegorical in nature.