The troubles facing Polish cryptocurrency exchange Zondacrypto have escalated, with Prime Minister Donald Tusk alleging that the company has ties to politicians who opposed crypto market regulation. Tusk's comments came before a parliamentary vote on overturning President Karol Nawrocki's veto of the law. Zondacrypto's CEO, Przemysław Kral, had earlier addressed allegations of the company misusing investor funds by revealing the existence of a 4,500 BTC wallet, valued at approximately $330 million.
However, the wallet is inaccessible as the former CEO, Sylwester Suszek, who is now missing, did not hand over the private key. Kral claimed the exchange has sufficient reserves and denied any misuse of client funds. The situation has led to reports of frozen or delayed customer withdrawals since late March, with Kral attributing the issues to a surge in withdrawal requests due to supposed political pressure and regulatory interference.