Only a fewer weeks ago the situation of ZondaCrypto was not full clear – there was inactive hope that customers would yet get their money back. However, in a fresh article, I have pointed out that the deficiency of public access to the 4500 BTC location, which is collateral for the stock exchange, and the drastic shrinking of funds for current payments, look at least worrying. present we already know that the black script has come actual – Zonda is on the verge of falling.
It's the end of ZondaCrypto.
It turned out that the 4500 BTC mentioned has access to the missing founder of BitBay (formerly Zondy) Sylvester Suszek. In practice, this means that this money just doesn't exist. The last transaction on this portfolio took place in November 2025, but it was not Zonda who was its chief – the stock exchange could never usage these funds to make payments.
This triggered a massive influx of payment applications, which evidently could not be implemented. It is estimated that client losses scope at least PLN 350 million. On April 21, president Przemysław Kral informed of the exclusion of employees from access to interior tools, de facto releasing everyone. He assured that all his commitments would be repaid, and his decision justified the alleged attempts at hacking Zonda. Of course, no 1 believes it – Kral escaped utilizing a previously issued Israeli passport, and became elusive.
At the same time, the full supervisory board of the Estonian BB Trade Estonia OÜ, whose members subsequently submitted a announcement to the prosecutors there to fishy the crime. They reportedly tried unsuccessfully to get clear explanations and evidence from the president regarding the company's withdrawals, the company's liquidity and the position and availability of assets presented as the company's assets. They say that despite extraordinary meetings, additional questions and direct requests did not receive clear and verifiable answers.
There are many indications that Zonda was like a financial pyramid – client money was utilized to preserve liquidity and cover current liabilities. In order for specified a strategy to function, it was essential to get as many users as possible. At any point this strategy must have collapsed.
In the end, any injured individual should study a suspected crime to the prosecutor in specified a situation. It is worth remembering that there is adequate evidence. You should:
- Take screenshots of all your balances in your account.
- Download full transaction and deposit/payment past (preferably in CSV and PDF format).
- Make screenshots of “hanging”, unrealised withdrawal orders.
- Export or take screenshots of all correspondence with the support department, where they sold you answers about “technical problems”.
Saying "not your keys, not your crypto" sounds as a key conclusion from the full ZondaCrypto affair. Keeping most of the money on your own, preferably physical wallets, is the basic rule of safety in trading cryptocurrency, and this, as Independent Trader, we will always repeat.
Suszka tapes and Zaorski multimillion debt
But this is not the end of the story. Zonda's scandal has caused quite a few information about her suspicious past to come to light. BitBay, the entity from which Zonda, founded by Sylwester Suszka, treated client deposits as a private farm to finance speculative movements and already had small to do with honest business.
Rzeczpospolita revealed sensational recordings that Sylwester Suszek recorded in late 2020. We can hear his conversation with Rafał Zaorski – 1 of the most popular Polish speculators. Missing in 2022, Suszek calls him his biggest debtor. According to the revealed materials, through the company Krypto Jam Zaorski drew millions of PLN from BitBay. How is that possible?
Each cryptocurrency exchange needs liquidity so that customers can immediately buy and sale assets without drastic fluctuations in course. The task of Krypto Jam was to act as specified a marketplace maker. In order to manage the marketplace on specified a large scale, Zaorski needed immense capital. In average circumstances, these funds are provided by the animator itself, but in this case, the providers of the money were Suszek (i.e., actually the funds collected on the stock exchange, i.e. client deposits).
As long as the capital was circulating exclusively inside the BitBay infrastructure (as it should have been), Sylvester Suszek had control over it. Meanwhile, at 1 point Zaorski sacked the traders managing the money and ordered the funds to be paid outside. According to the recordings, Zaorski was expected to promise to give back this money, which never happened due to the fact that he lost it as a consequence of speculative plays on the market. The wuss accused him of stealing:
I'll tell you, Rafal, due to the fact that it hurts me the most. The fact that you lost is 1 thing, but the fact that you stole from me, which means you said in Dubai that you needed and sent back, that's, k... stealing, and you know it. And it was a robbery alive.
Zaorski acknowledged in his answer that there was nothing to quit and regrets that he did not give up—which in fact means that attempts to save the situation with even more risky games did not bring results. If the D.A. proves that Zaorski already knew that he was going to usage them for a highly risky game and misled Suszka as to his intention to return them, we are dealing with fraud. As the amounts go into millions of zlotys, this qualifies as a crime involving property of large value, for which there is simply a punishment of up to 10 years in prison.
This full situation shows that neither BitBay nor Zonda were safe entities, and ]]>actions specified as those of Rafał Zaorski]]> only confirm that dishonesty, speculation and gambling tendencies can lead to serious problems.
Palantira’s fresh large World
Where the highest margins and revenues are generated, the fates of full societies decide. This has been the case since the corporations gained legal personality and their activities began to intertwin with politics. They utilized to be steelworks and railroads, and now they're software manufacturers. Today, these entities become architects of the fresh order, both social and technological. 1 of these companies released a dystopian manifesto from Huxley or Orwell's novel.
Palantir (PLTR) is not an average company. ]]>technology company]]>. He's a software maker whose, in addition to commercial clients, government agencies primarily use. Tracking, tracking, planning and managing the battlefield – these are Palantir's main domains. The company has access to giant proprietary data collections, not only of the United States, but of many different countries simultaneously. It is frequently perceived as earning on surveillance, war and human suffering.
While contracts with private entities are hard to adhere to, government contracts may be controversial, but not due to the fact that they exist. Palantir's ties to government agencies dealing with national safety issues have resulted in the company's circumstantial attitude towards self-interest concerns. And that is what their unofficial manifesto published on X is mentioned about. Here is simply a summary of his key themes:
- The introduction of universal national military service should be considered. This is justified by the fact that the risks and costs of war should be borne by society as a whole.
- The weakening of Germany was an excessive correction for which Europe is now paying a advanced price. A akin theatrical attachment to Japan’s pacifism will endanger the balance of power in Asia if it persists.
- Weapons based on the AI will emergence up anyway, which is why the West should make it, due to the fact that its opponents will not have ethical debates about it.
- Free societies request more than moral appeal to win – they request tough strength, and in this century, tough strength will be built on software.
- Some cultures have created large achievements, others stay dysfunctional and regressive, so you should end up with a mirage as if they were all equal.
I don't know about you, but for me, specified demands are nothing more than an appeal to increase the pool of “acts” under the control of the company. The goal of universal service is to bring the full of society into work for war. A society whose children go to the military is much more inclined to accept astronomical budgets for systems specified as those from Palantir – in the end no 1 wants to send their loved ones to the front without the best technological support that will minimize their risk. In addition, calling for remilitarisation of countries, stimulating hostility towards another societies, and besides weapons based on AI – all of this has 1 goal: more power and money for technological-political tandem and more confusion, suffering and control over the rest. This is simply a "new large world" with a communicative of a constant threat in which governments depend on digital infrastructure provided by entities specified as Palantir.
For me, this is clearly at odds with the foundations of Latin civilization, but should this surprise you? We have long been moving towards technological giants, and global policy is indeed based on brutal, even Darwinist competition. It shocks the fact that it communicates to us in specified an open way, and we simply unreflexively decision on to the agenda by watching another rotation for the morning coffee.
Continue reading: ]]>Independent Trader - Financial independence]]>
Dividend investments. ]]>How to analyse dividend companies?]]>
Author: ]]>Paul Cream]]>
