According to local media outlet Onet, Polish authorities are investigating suspected fraud and improper asset management after about 4,500 BTC in customer assets reportedly became inaccessible at Zondacrypto.
Local media outlet Onet reported that Zondacrypto chief executive Przemysław Kral left for Israel as roughly 4,500 BTC in customer assets became inaccessible. Polish authorities are now conducting a criminal investigation into suspected fraud and improper asset management. Estimated losses may exceed $100 million, according to Onet. The new details add allegations of missing customer funds and an active law-enforcement probe to earlier reports that the Polish crypto exchange was facing a severe financial crisis.