[WHISTLEBLOWER LEAK] The Shadow Empire: Insider Evidence Exposes Secret Links Between CoinsPaid, AlphaPo, and SoftSwiss

tamir
Tue, 03 Feb 2026 15:52:54 +0000
Compliance, Crypto Compliance, Money Laundering, AlphaPo, CoinsPaid, Cryptoprocessing, Dream Finance, Dream Finance Group, Maksym Krupyshev, Maria Akulenko, Max Krupyshev

A cache of internal communications leaked by a high-level whistleblower has finally shattered the wall of separation between CoinsPaid and the notorious AlphaPo. The evidence reveals a coordinated effort by CEO Max Krupyshev and Head of Legal Maria Akulenko to mask financial interdependencies, including a mysterious loan from AlphaPo and direct executive overlaps. As the MiCA “Guillotine” falls in Lithuania, the true scale of this “Shadow Rail” ecosystem is coming to light.

Analysis: The Smoking Gun in the CoinsPaid-AlphaPo Connection

For years, the Dream Finance Group (operating as CoinsPaid and CryptoProcessing) has maintained a public image of a regulated, security-first crypto processor. However, new evidence provided by a verified former manager—including WhatsApp and Slack screenshots—proves that CoinsPaid and AlphaPo (AP) were not just partners, but two arms of the same “shadow” infrastructure serving the high-risk iGaming industry.

1. Max Krupyshev: The Dual Executive Role

The leaked WhatsApp communications show Max Krupyshev, CEO of CoinsPaid, directly discussing AlphaPo’s liquidity and operational status with Chainalysis investigators.

The Evidence: The whistleblower confirms that Krupyshev held an executive role at AlphaPo simultaneously with his leadership at CoinsPaid.

The Significance: This executive overlap is a massive conflict of interest and a regulatory red flag. It suggests that while CoinsPaid was the “clean” front-facing brand, AlphaPo served as the high-risk “underworld” rail.

Krupyshev’s direct involvement in AlphaPo’s liquidity issues—especially around the time of the $60M Lazarus Group hack—indicates he was managing a single pool of risk across both entities.

2. Maria Akulenko: Compliance as a Mask

Perhaps the most explosive evidence comes from Maria Akulenko (LinkedIn profile), former Head of Legal and Compliance at CoinsPaid.

The Evidence: A Slack message shows Akulenko explicitly instructing staff to “never use AP [AlphaPo] and CoinsPaid issues in the same email communication.”

The Analysis: Akulenko, who frequently represented CoinsPaid in MiCA regulatory discussions in Brussels, appears to have been actively engineering the “legal separation” of entities she knew were financially and operationally linked. Instead of ensuring transparency, the Head of Legal was actively coaching employees on how to avoid creating a “paper trail” that regulators or auditors could follow. This “siloing” of information is a classic hallmark of financial obfuscation.

3. The AlphaPo-Dream Finance “Loan”

This insider evidence perfectly aligns with reports from FOCOS and El Salvador Now regarding a $1 million (or $2.1 million in some tranches) loan granted by AlphaPo to the Dream Finance entity in El Salvador.

The Context: AlphaPo was used as a “fiat-to-crypto” buffer for offshore casinos. The loan to Dream Finance suggests that AlphaPo was not just a service provider but a source of capital for the group.

The Danger: Using a high-risk entity (AlphaPo) that was later tied to North Korean money laundering (Lazarus Group) to fund a “regulated” EU group (Dream Finance) is the ultimate compliance nightmare.

Context: The “Guillotine” and the Global Retreat

The timing of these leaks is critical. With the RatEx42 Blacklisting of Dream Finance and the suspension of their Lithuanian license (Dream Finance UAB), it appears the group is in a frantic “de-risking” mode. The liquidation of their Polish and Salvadoran entities (as previously reported) is likely an attempt to destroy the very connections these screenshots now prove.

The connection to SoftSwiss remains the core of the web. By using CoinsPaid and AlphaPo as captive rails, SoftSwiss created a closed-loop system where gambling funds could be processed, converted, and laundered away from the eyes of European regulators.

Call to Action: Whistle42

The veil is lifting, but more information is needed to map the full flow of funds. We are looking for:

Documentation regarding the SoftSwiss-AlphaPo-CoinsPaid triangular shareholding.

Proof of other “loans” or inter-company transfers between Dream Finance OÜ (Estonia) and AlphaPo.

Details on the “New Bridge” strategy being offered to merchants following the Lithuanian shutdown.

Submit your evidence anonymously via Whistle42.com. Your identity is our highest priority.