
Zondacrypto creditors hold first meeting on collapsed exchange's bankruptcy
- —Trustee Margus Lentsius has no contact with Zondacrypto CEO Przemysław Kral or his lawyer
- —In bankruptcy, claims are valued at the client's portfolio on Aug. 27, 2026, converted to euros
- —In the criminal case, damages could be limited to the amount clients deposited
- —Creditors demand disclosure of assets that Kral's defense says could cover all claims
Why it matters: The outcome will determine whether clients recover funds and how courts value losses when crypto exchanges fail.
Source: Bithub