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Zonda CEO Publicly Reveals 4,503 BTC Wallet Amid Fund Misuse and €75M Loan Claims

Zonda's CEO has publicly disclosed a cold wallet holding 4,503 BTC (~$334 million) that's inaccessible due to private keys held by missing founder Sylwester Suszek, amid fresh allegations of customer fund misuse and €75 million in loans issued by affiliate BB Trade. The crisis escalated from a 25,000-withdrawal spike around April 6—25% of annual volume—leading to suspensions, user panic among 400,000 customers, and probes by Polish KNF and EU regulators under MiCA. No funds are confirmed lost, but credibility damage fuels short-term negative sentiment for risk assets.

Category

Bitcoin

Sentiment

Bearish

Event

Security incident

Reading time

1 min