Zonda exchange says 4.5K BTC wallet inaccessible amid withdrawal crisis

The CEO of the troubled Zonda exchange has disclosed a Bitcoin wallet holding around 4,500 BTC, but said the private keys were never transferred during a company handover.

Crypto exchange Zonda said a cold wallet holding around 4,500 Bitcoin is currently inaccessible as the platform faces concerns over delayed withdrawals.

Zonda CEO Przemysław Kral posted a video statement on Thursday disclosing the exchange’s wallet address, saying the private keys to the wallet were never handed over.

In the statement, Kral denied accusations of misappropriating funds, saying the private keys were intended to be handed over by Zonda founder and former CEO Sylwester Suszek, who has been missing since 2022.

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