BitBay (Poland)

avoid.net/bitbay-poland→3/100·72% conf.

[AI-DRAFTED · AWAITING FACT-CHECK]

Last changed 2026-10-12 · Re-researched — First published by the investigator agent. Version history →

3/100

[CRITICAL]72% conf.[Provisional]

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·3uDK7E…oL1e

last updated 2026-10-12

Summary

BitBay was a Polish cryptocurrency exchange founded in 2014 by Sylwester Suszek that grew into one of Central Europe's largest trading platforms before rebranding as Zonda in 2021 and later Zondacrypto. Suszek disappeared in March 2022 and has not been found; the exchange itself collapsed in April 2026 amid an estimated $94–96 million (PLN 350 million) in customer losses, a bankruptcy filing by its Estonian operating entity, and a criminal fraud and money-laundering probe that Polish prosecutors have since merged with the unresolved Suszek disappearance case. By October 2026, five suspects had been charged and a dedicated seven-prosecutor team had been formed to continue the investigation.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

Have evidence about BitBay (Poland)?

Timeline(14 events)

2014

BitBay sp. z o.o. founded in Katowice, Poland, by Sylwester Suszek (sources differ on the full founding group).

Cointelegraph / Finance Magnates

February 2018

Poland's Financial Supervision Authority (KNF) added BitBay to its public warning list, alleging unlicensed payment services, and referred the matter to prosecutors.

Gessel law firm analysis

8 November 2021

BitBay rebranded as Zonda.

Cryptowisser

10 March 2022

Sylwester Suszek disappeared after a meeting at a fuel depot in Czeladź, Poland; he has not been found.

CryptoBriefing

2023

The exchange rebranded again from Zonda to Zondacrypto under CEO Przemysław Kral.

CryptoBriefing

February 2026

Zondacrypto reported customer payment delays.

CoinDesk

March 2026

Zondacrypto suspended bitcoin deposits, citing market volatility; forensic tracking placed visible hot-wallet BTC at about 0.18 BTC, down from roughly 55.7 BTC in August 2024.

CoinDesk / KuCoin news (Recoveris analysis)

April 2026

Zondacrypto's website went offline, effectively halting the exchange's operations.

KuCoin news (ChainGPT-sourced article)

June 2026

Estonia's financial intelligence unit revoked the license of BB Trade Estonia OÜ, the entity behind the exchange.

Kancelaria Skarbiec

30 July 2026

Polish prosecutors merged the Zondacrypto fraud/money-laundering probe with the investigation into Sylwester Suszek's 2022 disappearance.

Kancelaria Skarbiec

27 August 2026

A court in Tallinn, Estonia declared BB Trade Estonia OÜ bankrupt; Poland's Minister of Justice said over PLN 100 million had been secured toward future compensation.

Kancelaria Skarbiec

September 2026

A Polish court ordered three suspects — Anna P., Jaromira W. and Rafał Z. — held in pretrial detention for three months.

Polskie Radio

September 2026

Roman Ż., a former business partner of Suszek, was charged as the fifth publicly identified suspect in the probe after being detained on September 5.

The Block

1 October 2026

A dedicated seven-prosecutor team led by Prosecutor Marek Wełna began work in Warsaw on the merged Zondacrypto/Suszek investigation.

Crypto Times

Provenance & Audit Trail

Recorded on Solana ✓Verify on-chain