Exchanges· ★★★· neutral·

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