Chief executive Przemysław Kral said about 4,503 BTC worth roughly $334 million remain in a cold wallet, while Zonda denied insolvency and attributed withdrawal delays to a surge in customer requests after media reports.
Zonda CEO Przemysław Kral said a wallet holding about 4,503 BTC, valued at roughly $334 million, was not transferred during the company handover. He denied claims of insolvency and misuse of client funds, and said withdrawal delays were caused by a concentration of withdrawal requests after media reports around April 6. The exchange had previously said the private key for the cold wallet was never transferred after founder and former CEO Sylwester Suszek went missing in March 2022.