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Web3 Graveyard
InsolventCryptocurrency lendingEthereum2017–2023

CoinLoan

Borrowers pledged crypto to obtain fiat loans

An Estonian lending platform with interest accounts, exchange services and a CLT token.

Capital raised (announced)
Estimated

Funding

RoundDateAnnouncedInvestors
Pre-ICO fundraising2017Not disclosed
Aggregator-reported main token sale2017Not disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Alex Faliushin—Not establishedOct 2026
Max Sapelov—Not establishedOct 2026

How it ended

Law firms NJORD and Lepmets & Nõges reported that CoinLoan OÜ was declared bankrupt in Estonia; Lepmets & Nõges identifies the declaration date.

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Sources

5 sources behind this page.

  1. 1CoinLoan launches a lending platform using crypto assets · CoinLoan press release via Bitcoinist · Nov 2017
  2. 2DeFiLlama raises · DeFiLlama · user-editable
  3. 3CoinLoan token-sale profile · ICOholder · user-editable
  4. 4CoinLoan claim filing update · Lepmets & Nõges · Nov 2025
  5. 5CoinLoan bankruptcy declaration and creditor rights · NJORD · Jun 2023

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.