Chance Foundation: The Quiet Nerve Center Linking Softswiss, CoinsPaid and the N1 Gambling Network

The so-called Chance Foundation (chance.foundation) presents itself publicly as an “investment hub” for startups. Internal materials obtained by Scam-Or Project, however, depict something quite different: a private investment fund consolidating the interests of Softswiss and CoinsPaid founders Ivan Montik, Pavel Kashuba and Dzmitry (Dmitry) Yaikau, with extensive links into iGaming, crypto processing and a set of side tech and biotech plays.

Key Facts at a Glance

• On its public website, chance.foundation describes Chance Foundation as an investment hub that supports startups with funding, know-how and infrastructure – there is no suggestion of a charitable foundation role.

• An internal investor deck labels “Chance Foundation (private fund for investments)” and places it at the top of a stack of three Cyprus entities:

• BITCAPITAL (UBO: Ivan Montik)

• PRIMEFUTURE (UBO: Dzmitry Yaikau)

• WRU Investments (UBO: Pavel Kashuba)

• The same internal chart ties Chance Foundation directly into:

• the Softswiss Group,

• Dream Finance OÜ / CoinsPaid,

• the Merkeleon Group, and

• the N1 casino cluster (including N1 Interactive, N1 Bet Nigeria, N1 Ghana, N1 Greece and other brands).

• Additional “side bets” parked under the Chance Foundation umbrella include:

• Hypetrain (Welmi Inc., USA),

• Deepcake Inc. (USA),

• ProteiQ Biosciences GmbH (Germany).

• A critical website operated by former insiders alleges that “everything at CoinsPaid and the overall group under the ‘Chance Foundation’ is designed to make things as obscure as possible,” reinforcing the picture of a central but opaque ownership hub (source: coinspaidscam.com).

• Parallel litigation in Tel Aviv between Montik, Kashuba, Yaikau and rival stakeholders shows deep corporate infighting around the Dream Finance / CoinsPaid perimeter; much of the core corporate dispute has now been shifted into arbitration in Vienna.

Structural Overview: Investment Hub, Not Philanthropy

Internal vs. Public Narrative

Outwardly, Chance Foundation sells itself as a neutral, professional investor. Internally, the investor documentation describes it as a private, founder-controlled pool of capital. The slide places Chance Foundation at the apex of a complex web spanning:

• Cyprus, Malta, Estonia, Lithuania, Georgia, Ghana, Nigeria and Singapore, and

• key brands such as Softswiss (iGaming software),
  the N1 casino cluster, and
  Dream Finance / CoinsPaid (crypto PSP).

In economic reality, this structure resembles a family-office-style control vehicle and central capital allocator for the founders, rather than a classic charitable foundation.

Why This Matters for AML & Supervisors

For AML, sanctions and prudential supervisors, the configuration is critical. If Chance Foundation truly acts as the main allocation and control vehicle for Montik, Kashuba and Yaikau, then:

• Gambling operators, game studios and crypto payment institutions that appear separate on paper may in fact be tightly connected related parties.

• Group-wide risk assessments must treat these entities as part of one economic unit, not stand-alone businesses.

• Potential conflicts of interest arise where both casinos and payment processors sit under the same ultimate owner circle.

• In any enforcement, insolvency or criminal case, tracing flows would have to consider Chance Foundation as a top-level ownership and funding node.

At the same time, Chance Foundation’s extremely small public footprint – essentially a bare-bones website and a few LinkedIn references – gives weight to criticism that the group’s top-level ownership architecture is deliberately low-visibility.

The Compliance Problem

Alleged Misalignment of UBO Filings

From a compliance standpoint, the whistleblower material around Chance Foundation raises a core red flag:

If the insider account of the ultimate beneficial owners (UBOs) of Softswiss and Dream Finance is correct, then official UBO entries in several EU company registers may be materially inaccurate.

Currently, public registers in Estonia, Lithuania and Austria identify Austrian citizen Alexander Horst Riedinger as UBO of A.R. Merkeleon and important Dream Finance (CoinsPaid) entities.

By contrast, the Chance Foundation chart and insider testimonies point instead to:

• Ivan Montik

• Pavel Kashuba

• Dzmitry (Dmitry) Yaikau

• together with Russians Roland Isaev and Paata Gamgoneishvili

as the true controlling beneficial owners of the Softswiss–CoinsPaid–Merkeleon–N1 complex, with Max Krupyshev acting in the role of CEO and director, not ultimate owner.

Supporting Evidence from Poland, Israel and BVI

Several pieces of documentary evidence back this picture:

• The Polish commercial register entry for Dream Payments lists:

• Max Krupyshev as director, and

• Dzmitry Yaikau as beneficial owner.

• This Polish company holds the shares of Primefutures Ltd and WRU Investments Ltd in Cyprus – entities that are described as sitting behind Chance Foundation, alongside Ivan Montik’s BitCapital.

• Court files from ongoing litigation in Israel and a decided case in the British Virgin Islands both describe Montik, Kashuba, Yaikau, Isaev and Gamgoneishvili as economic controllers of the group.

If this reconstruction is accurate, the Estonian FIU, as AML supervisor of Dream Finance OÜ, would have been provided with incorrect UBO data. Under EU AML rules and national laws, knowingly supplying false or misleading beneficial-owner information is a punishable offence and can lead to:

• licence withdrawal,

• substantial administrative fines, and

• personal liability for responsible managers and signatories.

The indicators taken together strongly suggest that Riedinger may function as a nominee / front man in the filings – a configuration that, in the assessment of Scam-Or Project, calls for immediate scrutiny by authorities in Estonia, Lithuania, Austria and Poland.

Network Map: Chance Foundation, Softswiss, CoinsPaid and Related Vehicles

Overview Table

Call for Information

Scam-Or Project continues to map the Chance Foundation ecosystem and its connections to Softswiss, Dream Finance / CoinsPaid, the N1 casino brands and associated tech/biotech investments.

We invite:

• current and former employees,

• advisors and consultants,

• business partners, and

• banking or payment-industry contacts

to share documents, ownership charts, contracts or internal presentations that help clarify the actual ownership and control structure of Chance Foundation and its portfolio companies.