Crypto change Zonda stated a chilly pockets holding round 4,500 Bitcoin is at the moment inaccessible because the platform faces issues over delayed withdrawals.
Zonda CEO Przemysław Kral posted a video assertion on Thursday disclosing the change’s pockets handle, saying the non-public keys to the pockets have been by no means handed over.
Within the assertion, Kral denied accusations of misappropriating funds, saying the non-public keys have been meant to be handed over by Zonda founder and former CEO Sylwester Suszek, who has been lacking since 2022.
“So for all those that declare that I had something to do with Sylwester’s disappearance, that is the prime argument that I care essentially the most about Sylwester being discovered,” Kral stated.
The disclosure follows weeks of controversy across the change after native stories suggested a probe into Zonda by Polish authorities, adopted by an evaluation by blockchain platform Recoveris, which alleged Zonda may have been bancrupt primarily based on a pointy drop within the change’s sizzling pockets balances.
Final recorded transaction dates to November 2025
Kral’s public disclosure of the pockets marks the primary time that Zonda has disclosed the handle amid the controversy.
The handle cited by the CEO holds 4,503 Bitcoin (BTC) at the moment value about $334 million, with the final transaction recorded in November 2025 as of the time of publication.
The CEO beforehand denied insolvency claims following the recent pockets investigation by Recoveris on April 6, insisting that Zonda remained totally solvent with greater than 4,500 BTC in holdings.
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Within the video, Kral stated that a lot of Zonda’s latest withdrawal stress was pushed by an irregular spike in withdrawal requests, which he linked to damaging media protection.
He stated Zonda usually processed round 100,000 withdrawal requests per yr however noticed greater than 25,000 requests inside hours and days round April 6.
Kral stated the corporate plans to take authorized motion over what he described as false claims surrounding the change and promised to satisfy obligations to clients amid withdrawal issues.
Polish lawmaker Tomasz Mentzen said on X that Zonda might have misplaced entry to its chilly pockets following the disappearance of former CEO Suszek. Kral didn’t explicitly say the funds have been misplaced, however stated the non-public keys to the pockets have been by no means transferred through the firm handover.
Suszek has reportedly been lacking since March 2022, with reporting referencing alleged felony ties amongst sure shareholders of Zonda, previously BitBay.
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The change was based in Poland in 2014 and rebranded as Zonda in 2021. Kral informed Cointelegraph in February that the company registered in Estonia amid regulatory uncertainty in Poland, citing delays in implementing the European Union-wide Markets in Crypto-Belongings (MiCA) regulation.
The difficulty has drawn the change right into a broader political debate, including stress on regulators and growing scrutiny of Poland’s crypto sector.
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