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Founders

Alex Faliushin Max Sapelov


Founder & CEO Co-founder & CTO
• Alex is the Head Founder of CoinLoan • Max holds the position of Chief Technology Officer
• He is an entrepreneur with 8-years experience in • He also is a Security Expert at CoinLoan
Finance and IT • Initiated processing all the withdrawals manually
• He specializes in international payment solutions, • In this way he brought a new level to Blue Sky
organization of accepting and processing payments thinking, developing a service that aims to provide
in high-risk industries real value to all their stakeholders
• Absorbed into fintech and blockchain technologies • Specialized in Software Engineering
Founders’ Merits

Generally, hot wallets are crypto-exchanges main vulnerabilities; however, this is not the case with CoinLoan.
As a security expert, Max Sapelov has created a simple rule:
“If the system can process crypto-withdrawals automatically, then it’s vulnerable to hacks — without exception.”
Due to this principle, they are not storing any private keys on network-connected devices, and that is the reason why
they are processing all the withdrawals manually. Even though manual processing means that small processing delays
may occur, user security is their top priority.

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