SoftSwiss has long marketed itself as a technology innovator in the online casino industry—an “ecosystem” offering game aggregation, sportsbook modules, affiliate management, and crypto-ready infrastructure. But recent allegations suggest that the company’s influence may extend deeper into payment routing than previously acknowledged.
Investigations into casino brands such as Rooli, MoonWin, RollXO, KoruCasino, and SpinRise reveal a striking pattern: identical payment rails across different corporate entities. Operators under Dama N.V., Stable Tech N.V., and Hollycorn N.V.—though separately registered—reportedly deploy the same crypto processors, open-banking gateways, instant transfer services, and merchant entities. Observers argue that such standardization is unlikely to be coincidental.
At the center of this ecosystem stands Ivan Montik, SoftSwiss founder and early advocate of cryptocurrency integration in online gaming. Alongside executives such as Pavel Kashuba and Maksim Trafimovich, Montik has positioned SoftSwiss as a pioneer in crypto gambling infrastructure since the early 2010s. That innovation, however, is now being examined through a compliance lens.
Whistleblower accounts allege that crypto processors affiliated with the SoftSwiss founder network—particularly CoinsPaid and CryptoProcessing—play a central role in enabling cross-border payment flows for offshore casinos. Critics claim that this architecture could allow operators to service players in restricted jurisdictions while minimizing banking friction and chargeback exposure. SoftSwiss has not publicly confirmed any such intent, and no court has ruled on these claims.
What remains undeniable is the structural concentration of payment tools within the SoftSwiss ecosystem. When platform, payment processors, and affiliated operators operate in close alignment, regulatory exposure becomes intertwined. Whether that alignment constitutes regulatory breach or simply aggressive international business strategy is ultimately a matter for authorities—not speculation. But the questions are now firmly on the table.