Tag: Ivan Montik

A whistleblower dossier claims that FINTEQHUB is operated via Dream Transaction Lda (Portugal) and sits inside the same ownership orbit as the CoinsPaid/CryptoProcessing cluster. We validated core elements: Dream Transaction’s shareholder register includes the same holding vehicles and individuals repeatedly appearing in em; FINTEQHUB, meanwhile, markets itself as “headquartered” in Lithuania.

Court reporting from the Wirecard mega-trial in September 2025 suggests a rare, on-the-record confirmation of what FinTelegram has been documenting for months: Ivan Montik’s “B2B software” narrative collapses the moment money flows enter the picture. The presiding judge openly challenged Direx’s claim it was not a payment service provider.

A breakthrough in the Dream Finance investigation reveals a global retreat. Following the MiCA-triggered blackout in Lithuania, new insider intel and local reports confirm the liquidation of the group’s entities in El Salvador and Poland. From mysterious loans from AlphaPo to UBO links with SoftSwiss, the veil of transparency is finally being lifted on the Dream Finance empire.

Recent whistleblower reports and online investigative publications in January 2026 allege that SoftSwiss, through its Malta-licensed entity Stable Aggregator Limited (MGA/B2B/942/2022), operates as an unlicensed payment hub and money laundering facilitator for affiliated casino operators targeting prohibited jurisdictions. The allegations assert that SoftSwiss processes payments from unlicensed merchants.

An Israeli court has effectively moved the corporate heart of the CoinsPaid/Dream Finance crypto payment processor group conflict out of Tel Aviv and into Vienna arbitration, while ordering both camps to re-plead their mutual “smear campaign” allegations in far greater detail. The ruling reframes the dispute as a dual track: corporate control fight in Austria, defamation dogfight in Israel.

A forensic traffic and financial intelligence analysis of Dream Finance Group—through its operating brands CoinsPaid and CryptoProcessing—reveals an alarming...

Dream Finance OÜ, the Estonian core entity behind the CoinsPaid/CryptoProcessing brands, has published its audited 2024 financials. The numbers show a spectacular turnaround from a large 2023 loss to a strong profit. It is also noteworthy that Dream Finance UAB in Lithuania also achieved an impressive profit of just over €1 million in 2024, with revenues of slightly more than €1.9 million.

CoinsPaid represents one of the most concerning cases in the crypto payment processing sector, where significant market presence masks extensive compliance violations and potential criminal activity. Operating as the self-proclaimed "#1 crypto payment gateway for iGaming," the Estonia-licensed company processes over €3 billion annually.

CoinsPaid’s latest announcement about enabling crypto payments for property purchases looks, at first glance, like innovation. Scratch the surface and it resembles another reputation-laundering exercise by an Estonian-licensed processor long accused of funnelling gambling and other high-risk flows through a murky SoftSwiss empire. Regulators and compliance teams should read between the PR lines.

They did it again: another press release. FinTelegram dissects the Dream Finance/CoinsPaid network—an Austrian-fronted, Baltic-based crypto processor whose glossy PR masks a web of gambling interests, Russian capital, and whistle-blower claims of large-scale laundering. However, the background story is a quite different one.

Ivan Montik is not your typical crypto mogul — no Twitter hype, no tech conferences, no loud opinions on regulation. And yet, he’s behind some of the most powerful infrastructure in the high-risk intersection of crypto payments and online gambling. As the co-founder of both SoftSwiss and CoinsPaid, Montik is deeply embedded in the opaque world of crypto casinos.

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.