Polish Media Say Zondacrypto Founder Przemysław Kral Is Cooperating With Prosecutors in Probe Over 2.4bn Zloty Losses

Polish media outlets are reporting a significant new turn in the criminal investigation into crypto exchange Zondacrypto: Przemysław Kral, identified in those reports as the company’s CEO and founder, has begun cooperating with prosecutors and is seeking reduced punishment in a case tied to reported client losses of at least 2.4 billion zlotys ($650 million). Reports published Aug. 23-24 by Rzeczpospolita, Onet, Money.pl, Interia and TVP Info said Kral has been giving what they described as extensive explanations to investigators.

Prosecutors have not publicly confirmed the precise charges against Kral or the substance of any statements he has given. The Regional Prosecutor’s Office in Katowice has kept those details undisclosed, citing investigative secrecy, even as Polish media reported that Kral had been presented with charges including allegations tied to large-scale fraud.

Under Article 60 of Poland’s Criminal Code, a suspect who cooperates by providing material information about co-perpetrators or the circumstances of an offense can seek extraordinary mitigation of punishment, a mechanism often described in Polish reporting as the “small crown witness.”

That makes the reported cooperation noteworthy because it suggests the case may be moving beyond a customer-loss investigation into a stage where insider testimony could play a central role. Still, the exact legal effect of Kral’s cooperation has not been made public, and prosecutors have not confirmed whether any mitigation will be granted.

What is confirmed is the scale of the broader case. The Katowice prosecutor’s office has said the investigation was opened in April 2026 and that authorities had registered more than 3,600 crime reports related to the exchange. By June, prosecutors said investigators had interviewed nearly 1,000 victims, seized 162 pieces of electronic equipment and collected more than 250 terabytes of server data.

The case has also expanded across borders. Prosecutors said a joint investigation team with Estonia was established on May 28, 2026, and that Polish authorities were also working with other foreign counterparts, including Monaco. Those details point to an inquiry that extends beyond domestic records and victims, reflecting the cross-border nature of crypto trading and the exchange’s operations.

The new reporting from Polish outlets adds a potentially important insider dimension to that existing picture. According to those reports, Kral is cooperating under Article 60 and has already given extensive explanations. But because the investigation remains secret, prosecutors have not publicly released the wording of any charges, the content of Kral’s testimony or the procedural status of any request for sentence mitigation.

The investigation began after April 2026 media reports and blockchain analysis raised questions about Zondacrypto’s liquidity and wallet balances. Those findings helped trigger scrutiny of an exchange that had been one of the larger Poland-facing crypto platforms, giving the case significance beyond a single executive or company.

That broader market role helps explain why the investigation has drawn such attention in Poland: thousands of reported victims, losses now estimated at least 2.4 billion zlotys ($650 million), and a fast-growing evidentiary record involving servers, devices and international cooperation. For customers and observers, the official updates have steadily outlined the scope of the inquiry even as key legal details remain under wraps.

For now, the central development is the reported cooperation itself. Multiple major Polish outlets say Kral is assisting prosecutors and seeking the benefits available under Article 60. What remains unconfirmed by prosecutors is the exact text of the charges, the full content of his statements and what legal consequences, if any, his cooperation will ultimately bring.