Poland's Largest Exchange Faces $350M Swindling Allegations
Briefly

Poland's Largest Exchange Faces $350M Swindling Allegations
"Zondacrypto CEO Przemysaw Kral revealed that the exchange lost access to a wallet containing 4,503 BTC, which has led to significant withdrawals and allegations of fund misappropriation. He stated that the wallet was sold to the exchange by Sylwester Suszek, who has been missing since March 2022, and that he has documentation proving ownership but lacks the private keys to access the funds."
"Kral emphasized that he had no control over the funds and rejected claims of involvement in Suszek's disappearance. He expressed concern for Suszek's well-being and appealed for him to fulfill the agreement regarding the transfer of the private keys, stating, 'To all those who claim I had anything to do with Sylwester's disappearance: this is the key argument that I care most about him being found.'"
Zondacrypto, a major Polish cryptocurrency exchange, lost access to a wallet with over 4,500 BTC, valued at over $350 million. CEO Przemysaw Kral stated that the wallet was purchased from Sylwester Suszek, who has been missing since March 2022. Kral claims to have documentation proving ownership but lacks the private keys needed to access the funds. He has publicly denied any involvement in Suszek's disappearance and has appealed for the keys to be transferred. The situation has led to massive withdrawals, draining 99% of Zondacrypto's BTC reserves.
Read at news.bitcoin.com
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