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Sergey Vasilchuk: Founder of Everstake and the work of validators

Sergey Vasilchuk and Everstake: the company’s foundation in 2018, a meeting with the SEC working group and an analysis of how the company describes its staking services.

From the launch of Everstake to the meeting with the SEC

Everstake refers to Sergey Vasilchuk as the founder of the company, which was launched in 2018. In the minutes of the meeting with the SEC working group in May 2025, he is listed as the founder and, at that time, the chief executive. The document records the meeting and the company’s position; it does not constitute a decision by the regulator regarding the company. [1] [2]

In June 2025, Everstake announced the appointment of David Kinitsky as Chief Executive Officer and Vasylchuk’s move to the role of President. On the team page viewed, Vasylchuk is listed as CEO. These sources differ regarding his current role; clarification from the company is required to determine it accurately. [1] [3]

According to a source close to the editorial team

A confidential source links Vasylchuk to the alleged group led by Yevgeny Viktorovich Zaifert, which the source refers to as ‘Zaifert – Veselago – Everstake’ and associates with ‘Khimprom’. Regarding the group, the source mentions the legalisation of funds, automated platforms and P2P. The editorial team has not received any material confirming Vasylchuk’s personal role in such operations, nor has it found independent confirmation of the alleged link with ‘Khimprom’. The editorial team’s publication on Seifert is included for context. [5]

What might corroborate the financial version

Everstake’s technical documentation describes staking services and the work of validators. The term ‘P2P’ in itself indicates direct interaction between participants and says nothing about the origin of the funds. To verify the version regarding the transaction, the network, transaction IDs, confirmed ownership of the wallets and documents substantiating the basis for the payment are required. To verify the version regarding the platform, information about its operator and the specific involvement of an individual is required. [2] [4] To this end, our specialists have launched a separate investigation.

Sources

  1. Everstake: about the company, the team and the founder ↗
  2. SEC: minutes of the meeting with Everstake representatives, May 2025 ↗
  3. Everstake: announcement of a change in leadership, 11 June 2025 ↗
  4. Everstake: technical documentation ↗
  5. Editorial archive: Evgeny Zaifert and Everstake ↗
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