Zondacrypto Creditors Seek to Recover Money Lost to the Failed Crypto Exchange
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5 Articles
In Estonia, Zondacrypto’s creditors started the process of recovering funds following the bankruptcy of the Polish exchange, whose operator accumulates an estimated debt of EUR 432 million against assets valued at just EUR 167,000.
Zondacrypto creditors begin battle for funds of the failed Polish exchange
Creditors of Zondacrypto have met in Estonia as part of a legal bid to recover what’s left of the assets of Poland’s largest coin trading platform, which collapsed earlier this year. Bankruptcy proceedings will take place in the Baltic state, where its operator was based, and the first petition was filed, although the company had...
Zondacrypto creditors seek to recover money lost to the failed crypto exchange
Creditors of Zondacrypto have met in Estonia as part of a legal bid to recover what’s left of the assets of Poland’s largest coin trading platform, which collapsed earlier this year. Bankruptcy proceedings will take place in the Baltic state, where its operator was based, and the first petition was...
The Estonian bankruptcy trustee for Zondacrypto continues to receive reports from customers who are unable to access their funds on the cryptocurrency exchange. Margus Lentsius estimates that the final number of claims could significantly exceed those filed so far, with a total value of over €700 million (approximately PLN 3 billion).
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