The collapse and liquidation of multiple Dream Finance entities across Lithuania, Poland, and El Salvador has exposed what compliance analysts increasingly describe as a closed-loop crypto payment ecosystem—one in which SoftSwiss-linked actors appear repeatedly at critical junctions.
Dream Finance, operating under the CoinsPaid and CryptoProcessing brands, lost its Lithuanian foothold following MiCA-related scrutiny of high-risk gambling flows. Soon after, the group’s subsidiaries in El Salvador and Poland entered liquidation, prompting investigators to ask whether these were organic business failures—or a strategic dismantling of liability.
The El Salvador entity is of particular concern. According to investigative reporting, it allegedly safeguarded over $2.1 million linked to offshore casinos operating from tax havens. Even more troubling is the disclosure of a loan from AlphaPo, a crypto processor widely associated with high-risk gambling and previously linked to a $60 million hack attributed to the Lazarus Group.
AlphaPo and CoinsPaid have long been rumored to inhabit the same operational orbit. A direct financial transaction—especially a “non-standard” loan—suggests more than coincidence. It suggests financial commingling.
The Polish liquidation delivered what investigators call the missing ownership proof. Ultimate Beneficial Owners reportedly included Pavel Kashuba and Dmitry Yatzkau, both long-standing SoftSwiss affiliates and close partners of CoinsPaid founder Ivan Montik. Kashuba, frequently cited as a SoftSwiss executive, appearing as UBO of a CoinsPaid-linked entity effectively collapses the narrative of independence between the two companies.
For regulators, this matters. If CoinsPaid functions primarily as a captive payment rail for SoftSwiss-powered casinos, then the entire ecosystem – from platform to payment – becomes a single compliance risk unit.