Zonda faces renewed scrutiny after CEO Przemysław Kral said missing founder Sylwester Suszek never handed over Bitcoin keys tied to 4,500 BTC. At current prices, the stash is worth about $336 million. Kral said the wallet was last active in November 2025. He also said an expected transfer from Suszek never happened. At the same time, he rejected claims of fund misappropriation.
Kral said that finding Suszek remains a top priority. He said the company will pursue legal action. He also told customers that Zonda will meet its obligations. Earlier, Polish news outlets reported fresh claims that Zonda could be heading for bankruptcy. Those reports also pointed to a probe by Polish regulators into the exchange.
Before that, Recoveris examined Zonda’s hot wallets on April 6. In response, Kral denied bankruptcy claims and said Zonda remained fully solvent with more than 4,500 BTC in assets. Kral said media coverage drove an unusual spike in withdrawals. According to him, Zonda usually handles about 100,000 withdrawal requests each year.
Yet the pressure rose sharply around April 6. Kral said more than 25,000 withdrawal requests hit the platform shortly before and after that date.
He also said Zonda’s financial statement carried a positive audit opinion from an independent accountant. In turn, he used that point to support the exchange’s solvency claims.
Kral’s recent video pushed the missing Bitcoin keys back into focus. He said Suszek did not transfer the keys linked to the 4,500 BTC. That claim sharpened the core issue around the case. Who now controls access to the 4,500 Bitcoin tied to the missing founder?
The exchange, originally known as BitBay, rebranded to Zonda in 2021. Suszek’s family has described the rebrand and later relocations as a hostile takeover. They said the corporate restructuring pushed him aside and seized his assets. The business first moved operations to Malta, then later to Estonia.
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Suszek disappeared on March 10, 2022, at age 34. Polish authorities still treat the case as an active missing person investigation that may involve foul play. That day, he left home for a scheduled appointment in Czeladź. He met lawyer Marian Wszolek, whom prosecutors describe as an organized criminal figure tied to large-scale VAT fraud.
Prosecutors said Suszek last used his phone at a fuel depot at 3:08 p.m. After that, no further contact was recorded. His family later reported his disappearance to the police in Katowice.
The case has also drawn political attention in Poland. Donald Tusk publicly referred to ABW reports about payments tied to Kral and Zonda-linked companies. According to those references, payments went to Wipler’s Foundation and Ziobro’s Foundation near the end of 2025. That period overlapped with parliamentary debate on crypto legislation and presidential vetoes by President Nawrocki.
Przemysław Wipler rejected any suggestion of lobbying. He said a 70,000-euro commercial transaction with Expofer Servis House was related only to analysis services. Wipler, a Konfederacja MP and head of the Dobry Rząd foundation, repeated his criticism of the MiCA-implementing law. He called the law overly restrictive and harmful to the market.
He also demanded an apology from Tusk. At the same time, he threatened to report him to prosecutors for defamation and improper use of ABW data. Meanwhile, Suszek’s sister Nicole has said she believes he was kidnapped and murdered. She also said she received threats after his disappearance.
Zonda’s troubles have deepened as CEO Przemysław Kral said missing founder Sylwester Suszek kept control of keys tied to 4,500 BTC. The case now combines solvency questions, heavy withdrawal pressure, political claims, and an unsolved disappearance. The key takeaway is that scrutiny around Zonda is unlikely to fade soon.