Exchanges· ★★★· bearish·

Zondacrypto creditors begin bankruptcy proceedings in Estonia

  • BB Trade Estonia OÜ's debt is €432 million against assets of about €167,000
  • Nearly 2,000 creditors filed claims, with an average claim of about $65,000
  • Poland seized more than 100 million zloty ($26 million), France seized €4 million
  • The exchange collapsed in spring 2026, affecting more than 30,000 clients
Why it matters: The collapse of Poland's largest exchange and creditors' fight over remaining assets increase pressure on crypto custody regulation in the EU.
Source: Cryptopolitan