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Zonda CEO Confirms Missing Founder Holds Keys to $336 Million Bitcoin Cold Wallet

Zonda CEO Przemysław Kral has publicly addressed escalating scrutiny surrounding the cryptocurrency exchange, issuing a video statement to counter allegations of fund misappropriation. Kral confirmed, citing CoinTelegraph, that a cold wallet containing approximately 4,500 Bitcoin, valued at roughly $336 million, remains inaccessible. This is due to the private keys still being held by founder Sylwester Suszek, who went missing in 2022. The revelation follows a report by blockchain analytics firm Recoveris, which previously highlighted a significant decline in Zonda's hot wallet balances, intensifying concerns about the platform's solvency. Users have also reported substantial delays in processing withdrawals, adding to the pressure on the exchange.
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