Zondacrypto Board Quits as Governance Crisis Deepens
▼ BEARISH Analyticsinsight April 20, 2026 · 15:30 UTC

Zondacrypto Board Resigns Amid Governance Crisis and Reserve Concerns

The entire supervisory board of Zondacrypto (BB Trade Estonia OÜ) has resigned, citing systematic misinformation, broken governance, and a concentration of control within the CEO, Przemysław Kral. Concerns have been raised regarding a significant decline in the exchange's Bitcoin reserves, delayed customer withdrawals, and an ongoing investigation by the Polish public prosecutor’s office. The crisis has drawn attention due to the exchange’s Swiss connections.

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News: The supervisory board of Zondacrypto resigned, accusing CEO Przemysław Kral of systematic misinformation and a failure of governance. Former board members reported inconsistencies between public statements, operations, and information provided to the board. Analysis by Recoveris shows a steep decline in Zondacrypto’s Bitcoin hot-wallet holdings, dropping from 55.7 BTC in August 2024 to 0.07 BTC in April 2026, with significant transactions to Kraken. Customer complaints regarding delayed withdrawals have increased since December 2025, and the Polish public prosecutor’s office has launched an investigation. The exchange has Swiss links through Guido Bühler (former SEBA Bank co-founder) and Divisio Holding AG.

AI Analysis: The resignations and reported reserve discrepancies pose a significant risk to Zondacrypto’s reputation and operational stability, potentially leading to further loss of customer trust and regulatory scrutiny.

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This content is automatically generated from public news sources. This is not financial advice.

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