Polish Zondacrypto exchange stops processing withdrawals amid possible insolvency

1 · Molly White · April 29, 2026, 4:21 p.m.
Summary
The Polish cryptocurrency exchange Zondacrypto is facing a crisis as it halts withdrawals amid insolvency concerns and investigations by authorities. CEO Przemysław Kral claims a large BTC wallet as proof of assets, but admits the keys are with a missing former CEO. Allegations suggest the exchange is linked to the Russian mafia and has funded conservative politicians in Poland, raising further scrutiny from Polish leaders and regulators.