Exchange record
zondacrypto
Poland-origin, Estonia-registered centralized exchange formerly known as BitBay and Zonda. In April 2026 it entered a major custody and withdrawal crisis after Polish prosecutors opened an investigation and reported that the exchange lacked access to an approximately 4,500 BTC cold wallet.
Registry sequence
Key facts
URL handling
Summary
Poland-origin, Estonia-registered centralized exchange formerly known as BitBay and Zonda. In April 2026 it entered a major custody and withdrawal crisis after Polish prosecutors opened an investigation and reported that the exchange lacked access to an approximately 4,500 BTC cold wallet.
Timeline
The exchange previously known as BitBay moved into the Zonda brand in November 2021, with user login data and platform continuity described as unchanged.
The Zonda exchange brand later moved to the zondacrypto name; HEI treats BitBay / Zonda / zondacrypto as the same lineage unless later evidence requires a split.
The Regional Prosecutor's Office in Katowice opened an investigation concerning Zondacrypto, including suspected misleading of users about the purchase and storage of fiat currencies and cryptocurrencies, possible money-laundering-related conduct, reported withdrawal problems, and lack of access to an approximately 4,500 BTC cold wallet.
The prosecutor's office published instructions for potential victims, asking them to document when and in what amount they ordered withdrawals from Zondacrypto, including withdrawals that were not fully or partially executed.
Onet reported that zondacrypto CEO Przemyslaw Kral was in Israel while the exchange was described as on the edge of bankruptcy and while the 4,500 BTC reserve-key dispute remained unresolved.