• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

Poland’s Largest Exchange Faces $350M Swindling Allegations

Moussa by Moussa
April 24, 2026
in Bitcoin
0
Poland’s Largest Exchange Faces $350M Swindling Allegations
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Key Takeaways:

  • Zondacrypto CEO Kral revealed the exchange lost access to a wallet holding 4,503 BTC.
  • This revelation sparked huge withdrawals, draining 99% of Zondacrypto’s BTC reserves.
  • The 2022 disappearance probe of Suszek continues as Kral hopes for a key transfer.

Zondacrypto Faces Misappropriation Allegations Amid 4,503 BTC Misunderstanding

Zondacrypto, one of the largest cryptocurrency exchanges in Poland, has put itself in a rough spot after it was known that it had lost access to a wallet containing over $350 million in bitcoin.

Recently, Zondacrypto CEO Przemysław Kral published the Bitcoin wallet address on social media, clarifying that he had no control over the funds to dispel claims of misappropriation. In total, the wallet contains 4,503 BTC, according to Kral.

He alleges that he purchased this cryptocurrency from Sylwester Suszek, founder of the BitBay exchange, who was reported missing in March 2022. Kral claims he has a document giving him ownership of these funds, but lacks access to them as Suszek never transferred the private keys.

“When Sylwester is supposed to hand over the private keys to that address, according to these documents, he disappears instead,” he stressed.

Furthermore, he also rejected claims that he had anything to do with Suszek’s disappearance. “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. He may be watching this—I appeal to him to fulfill the agreement,” he declared.

While Kral offered assurance about the company’s financial standing, the reveal triggered massive withdrawals that depleted Zondacrypto’s bitcoin reserves by 99%, according to estimations. “No financial institution could survive this,” he stated.

The wallet address presented by Kral received the majority of these funds in 2016, and has more than 10 years without registering relevant transactions.

The disappearance of Suszek is still under investigation. While there is an individual facing kidnapping charges over this event, Suszek’s whereabouts are still unknown, and the case is far from being solved.



Source link

Related articles

Oak Trees Have a Sneaky Trick to Starve the Caterpillars Eating Them

Oak Trees Have a Sneaky Trick to Starve the Caterpillars Eating Them

October 5, 2026
Webull Becomes X Cashtag Partner for Crypto and Stock Trading

Webull Becomes X Cashtag Partner for Crypto and Stock Trading

October 5, 2026
Share76Tweet47

Related Posts

Oak Trees Have a Sneaky Trick to Starve the Caterpillars Eating Them

Oak Trees Have a Sneaky Trick to Starve the Caterpillars Eating Them

by Moussa
October 5, 2026
0

Key TakeawaysUniversity of Würzburg found a 3-day oak budburst delay sharply cuts caterpillar survival.Nature Ecology & Evolution found oak leaf...

Webull Becomes X Cashtag Partner for Crypto and Stock Trading

Webull Becomes X Cashtag Partner for Crypto and Stock Trading

by Moussa
October 5, 2026
0

Key TakeawaysThe connection offers real-time quotes, charts, and access to order entry.Potential data uses extend to investor sentiment and emerging...

Ethereum’s zkAPI Gives AI Payments a Privacy Cloak With a Catch – Bitcoin News

Ethereum’s zkAPI Gives AI Payments a Privacy Cloak With a Catch – Bitcoin News

by Moussa
October 5, 2026
0

Key TakeawaysEthereum Foundation’s (EF) zkAPI went live Oct. 1, separating API payments from identity.Open Anonymity uses zero-knowledge proofs so funded...

Why XRP Appeals to Institutional Investors, Bitwise CIO Explains

Why XRP Appeals to Institutional Investors, Bitwise CIO Explains

by Moussa
October 5, 2026
0

Key TakeawaysHougan calls XRP one of the established major cryptocurrencies.The Bitwise CIO says financial advisors recognize its connections to cross-currency...

Average Bitcoin ETF Investor Back in Profit Since January

Average Bitcoin ETF Investor Back in Profit Since January

by Moussa
October 5, 2026
0

Join Our Telegram channel to stay up to date on breaking news coverage The average US spot Bitcoin ETF investor...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News