New York Times report links Zondacrypto founder disappearance to exchange turmoil

New York Times report links Zondacrypto founder disappearance to exchange turmoil

N
News Editor
2026-08-23 05:04:54
According to a report cited by ChainCatcher from The New York Times, Zondacrypto, the Polish crypto exchange formerly known as BitBay, has been tied to a string of disappearances and operational setbacks. Founder Sylwester Suszek went missing in March 2022 after leaving what was described as a desperate voice message for his sister, and his family suspects he was killed. The lawyer who later took over management of the company, Przemyslaw Kral, has now also been missing for four months. Kral had previously posted a video aimed at reassuring customers, saying the company held more than $330 million worth of Bitcoin. He also said the only person with the key needed to unlock those holdings was Suszek, who had already disappeared. The report added that the exchange website shut down around April. Roughly two months later, on June 29, Estonia’s Financial Intelligence Unit revoked the license of the exchange’s parent company.

ChainCatcher, citing The New York Times, reported that Sylwester Suszek, founder of Polish crypto exchange Zondacrypto, formerly BitBay, disappeared in March 2022. The report said Suszek had left a desperate voice message for his sister, and his family suspects he was killed.

Przemyslaw Kral, the lawyer who later took over the company, has also been missing for four months. Kral had previously released a video to reassure customers, saying the company held more than $330 million in Bitcoin. He also said the only person who had the key to unlock those holdings was Suszek, who had already gone missing.

The report also said the website shut down around April. About two months later, on June 29, Estonia’s Financial Intelligence Unit, or FIU, revoked the license of the exchange’s parent company.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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