Polish Olympic chief charged in Zondacrypto probe, justice minister says

Summary

Polish prosecutors charged and detained Radosław Piesiewicz, president of the Polish Olympic Committee, in an investigation tied to the defunct crypto exchange Zondacrypto. Justice Minister and Prosecutor General Waldemar Żurek said the charges involve influence peddling and giving preferential treatment to some creditors while insolvent. Local reports say Piesiewicz allegedly recovered all of his own funds from Zondacrypto while many other customers could not withdraw theirs. Zondacrypto stopped trading in April after a liquidity crisis, and its former CEO has reportedly also faced fraud charges and is cooperating with investigators.