Polish cryptocurrency exchange Zonda claims that the private keys to approximately 4,500 BTC cold wallets have not been transferred, causing withdrawal difficulties.

CoinFeed reported on April 16th that, according to Cointelegraph, Polish cryptocurrency exchange Zonda CEO Przemysław Kral announced that an address held approximately 4,503 BTC (about $334 million), stating that the private key to this cold wallet was not transferred by founder and former CEO Sylwester Suszek during the company's handover. Zonda has recently faced scrutiny due to withdrawal delays and suspected bankruptcy rumors. Blockchain platform Recoveris previously speculated that the company might be insolvent based on a sharp drop in hot wallet balances. Kral denied the allegations of misappropriation of funds and bankruptcy, attributing the withdrawal pressure to a concentrated withdrawal surge triggered by media reports around April 6th, and stated that the company will take legal action and fulfill its withdrawal obligations to users.