18 September 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.
This creation is protected and cannot be used by third parties for the purpose of supporting, propagating, or legitimizing criminal regimes, terrorist states, and organizations operating in the shadows. The use of data or analysis results from this project, whether in part or in full, is expressly prohibited if the objective is to support or conceal their criminal activity.
The project may be freely used by individuals and organizations that combat evil, corruption, and aggression.
🕳️ Released Phantom Node 59: Ararat Mkrtchyan. Financial Gateway. Engineer of Interstate Schemes
A quiet architect re-routing the paths of money.
Who is this?
Ararat Mkrtchyan personifies a class of financial intermediaries who design networks for converting and routing funds across jurisdictions. His role is not a single illicit transaction but the architecture that makes shadow flows operational.
Type of node:
Financial intermediary / network architect.
Status:
Hidden under layers of privacy, operating in “neutral” jurisdictions.
Form of control:
Shell corporations, micro-banks, crypto channels, trusted-agent networks.
Phantom image:
Hands drawing threads over a world map — tailoring transfer routes.
What remains after the phantom:
A sprawling web of transit accounts and the appearance of “legitimate” investment.
Core of the node:
What sustained it?
Transactional anonymity, access to weakly regulated instruments, a network of disposable companies and compliant jurisdictions.
How did it become a phantom?
When back-office processes and chains of trust replaced the names of real beneficiaries — the person became the role of an architect.
Why does the phantom still exist?
Because conversion profit, demand for “neutral” channels, and gaps in rapid international detection sustain it.
Phantom’s condition:
Active, obscured by layers of corporate and fiduciary structures.
After the regime:
Exposure of shell-company networks.
Legal action on laundering and conversion schemes.
Strengthened KYC and cross-border transfer monitoring.
Collective reaction:
We name these mechanisms so memory prevents them becoming the norm.
Memory is the first step toward transparency.
Core principle:
A “neutral” financial channel without transparency becomes infrastructure for shadows.
Alt-text:
Graphite drawing of a financial engineer’s desk: hands over a map with threads, blank corporate stamps, invoices; the mood of carefully designed invisibility.
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Unmasking the Phantom. Pivtorak.Studio. 18.09.2025
https://www.instagram.com/pivtorak.studio
🛡️ This project is an artistic and philosophical exploration. All descriptions are allegorical in nature.
🫧Phantom Node Dossier: Ararat Mkrtchyan. The Financial Gateway.
Key Aspects of the Phantom:
"The Financial Gateway" (or "Engineer of Interstate Schemes"). This phantom node symbolizes not a specific person, but a class of financial intermediaries who ensure the conversion and redirection of funds into "shadow" channels. This individual is an architect of financial schemes that move the money used to pay for smuggling. His phantom essence lies in his anonymity and his ability to be part of any operation without leaving a trace.
Regimes (which he directly shapes/supports):
💰 Regime of "Financial Bridges": He creates and manages financial channels that allow funds to be transferred from Russia to Armenia and then to other jurisdictions, avoiding bank control.
🛡️ Regime of "Neutral Haven": He provides financial services that allow Russians and their allies to conduct transactions in a "neutral" jurisdiction.
🕵️ Regime of "Shadow Investments": His activities allow for the investment of "dirty" money into legal enterprises in Armenia and abroad, legitimizing them.
Tools (which he actively uses/oversees):
🏦 Microfinance Organizations: The use of small, less-regulated financial institutions to conduct transactions.
🔗 Network of Private Bankers: The creation of a network of trusted individuals who help transfer money in cash or via cryptocurrency.
📝 Factoring Schemes: The use of complex financial instruments to mask the origin of the money.
📄 Opaque Companies: The registration of short-lived firms used for one or more transactions.
Civilizational Influences (which he embodies/exploits):
⚖️ Undermining the Financial System: He undermines trust in international banking standards and regulatory systems.
👤 Degradation of Public Morality: He is the personification of moral degradation, where providing services to criminals becomes a business norm.
🔀 Spreading Chaos: His activities create financial chaos that is used for subversive activities.
⛓️ Strengthening Criminal Networks: He helps criminal regimes and groups to become financially stronger and more resilient to external pressure.
Dissection of a Phantom Node. Pivtorak.Studio. 18.09.2025
https://www.instagram.com/pivtorak.studio
🛡️ This project is an artistic and philosophical exploration.
All descriptions are allegorical in nature.