AI · CoinDesk
The broader investigation opened in April over suspected fraud and money laundering at Zondacrypto
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Authorities had received more than 3,600 complaints by June and have since secured more than 100 million zlotys for potential compensation.
Key facts
- A joint investigation by Wirtualna Polska and TVN24 alleged that Zondacrypto chief Przemysław Kral gave Piesiewicz a Patek Philippe watch worth about 40,000 euros ($46,600) and other gifts in return
- Zondacrypto became the Olympic committee’s general sponsor in October under an agreement covering 2026 through 2028
- Authorities had received more than 3,600 complaints by June and have since secured more than 100 million zlotys for potential compensation
- Justice Minister and Prosecutor General Waldemar Żurek confirmed the arrest and said further information would follow after Piesiewicz was questioned
Summary
Polish Olympic Committee head Radosław Piesiewicz has been arrested amid an investigation into crypto exchange Zondacrypto surrounding potential financial bribes. Prosecutors are probing allegations that Zondacrypto's CEO gave Piesiewicz a 40,000 euro watch for help clearing regulatory hurdles, which he denies. The broader investigation into Zondacrypto concerns fraud and money laundering, with estimated customer losses of over 350 million zlotys. Radosław Piesiewicz, president of the Polish Olympic Committee, has been arrested in an investigation into crypto exchange Zondacrypto, as prosecutors examine whether he received a financial benefit from the crypto boss. Justice Minister and Prosecutor General Waldemar Żurek confirmed the arrest and said further information would follow after Piesiewicz was questioned.