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CoinsPaid’s CEO Max Krupyshev participated in a webinar focused on security within the cryptocurrency sector, offering perspectives on the primary vulnerabilities in the industry, the company’s strategies for countering cyberattacks, and the role of AI in monitoring dubious transactions.
Max Krupyshev, the CEO of CoinsPaid, a prominent provider of payment solutions, engaged in the online webinar titled “Crypto’s Laundering Problem: Can Anyone Keep Up?” hosted by Global Ledger. This event convened industry experts to examine the security challenges and anti-money laundering issues faced by the cryptocurrency market.
Among the other speakers were Lex Fisun, CEO of Global Ledger, Georgy Sokolov, CCO of Wirex, and Andriy Velykyy, CEO of the cross-chain protocol Allbridge. The session was moderated by crypto journalist and podcaster Catherine Ross-Mychka.
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While addressing the sector’s challenges, Krupyshev underscored the necessity of prompt attack detection. “The primary challenge is having systems that alert you when a hack is occurring,” he stated, referencing the notorious Mt.Gox and Ronin Bridge incidents, where breaches remained unnoticed for several days. In this context, Max emphasized the significance of artificial intelligence. He noted that AI systems assist in differentiating genuinely suspicious transactions from merely atypical ones, which is crucial when dealing with millions of addresses monthly. “AI certainly aids in analyzing patterns to identify issues,” Krupyshev remarked, adding that AI-enhanced tools facilitate quicker and more precise detection of suspicious transactions.
He also highlighted the importance of engaging with regulators. “Most regulations are sensible in the long term as they aim to protect a broader audience,” he stated, stressing that despite the challenges, regulation contributes to the establishment of protective systems for clients and ultimately enhances industry standards. Max also mentioned that there are informal channels among cryptocurrency firms that enable the swift freezing of stolen assets without the need for police or governmental intervention. He indicated that these methods have successfully recovered millions of dollars in recent years.
However, Max acknowledged that in situations involving professional hackers like the Lazarus Group, retrieving stolen assets is nearly unfeasible. In this context, he shared CoinsPaid’s experiences, noting that significant incidents can serve as pivotal moments for companies. “There is life after a major hack. In most instances, the incident can be recovered. It strengthens both the company and its leadership,” Max stated, highlighting that CoinsPaid enhanced its security and treasury management following the 2023 incident.
Global Ledger reported that hackers appropriated over $3 billion in cryptocurrencies during the first half of 2025.
Сообщение Max Krupyshev: “Crypto Companies Must Have Systems That Signal Hacks” появились сначала на CoinsPaid Media.
