Zondacrypto Bankruptcy: Timeline, Claim Deadline (27 Oct 2026) and How to File

Zondacrypto (formerly BitBay) froze customer withdrawals in April 2026. Its operator, BB Trade Estonia OÜ, was declared bankrupt by the Harju County Court in Tallinn on 27 August 2026. Creditors, including customers in Poland, Czechia, Slovakia, Romania and Hungary, can file claims with the trustee until 27 October 2026.

TradeReviewed is not affiliated with Zondacrypto, BB Trade Estonia OÜ, the trustee or any law firm. This page is a factual summary, not legal advice. Check the official sources below before you act.

Key facts

• Operator: BB Trade Estonia OÜ (Estonia). Brand history: BitBay, then Zonda, then Zondacrypto.
• Court: Harju County Court, Tallinn, civil case no. 2-26-14436. Bankruptcy declared on 27 August 2026. Trustee: Margus Lentsius.
• Licence: Estonian virtual currency licence FVT000209, partly suspended on 18 May 2026 and revoked on 29 June 2026.
• Claim deadline: 27 October 2026, per the trustee notice in the Estonian official gazette (Ametlikud Teadaanded).
• Criminal case: National Prosecutor’s Office, Katowice branch (organised crime department), file no. 1001-109.Ds.77.2022. Prosecutors estimated losses of at least PLN 350 million.

Timeline

• April 2026: withdrawals stop; the Regional Prosecutor’s Office in Katowice opens an investigation on 17 April
• 18 May 2026: the Estonian licence is partly suspended
• 29 June 2026: the licence is revoked
• 30 July 2026: the Zondacrypto and BitBay investigations are merged
• 27 August 2026: the Harju County Court declares BB Trade Estonia OÜ bankrupt
• September 2026: several people are charged in Poland; charges are not convictions and everyone is presumed innocent
• 27 October 2026: deadline for filing claims with the trustee

What creditors can do

1. Collect evidence: bank transfer confirmations, crypto deposit transaction IDs (TXID), account history exports and screenshots of balances and pending withdrawals.
2. File your claim with the trustee by 27 October 2026. The bankruptcy is recognised across the EU under Regulation (EU) 2015/848, and the EU standard claim form (Article 55) can be used. The trustee notice is published in the Estonian official gazette.
3. If you were harmed, you can also ask the Polish prosecutors for the status of injured party, citing file no. 1001-109.Ds.77.2022. This is a separate procedure and does not replace the claim in Estonia.
4. Get independent legal advice if your claim is large or complex.

Beware of recovery scams

Victims of exchange collapses are targeted by “fund recovery” offers. Do not pay advance fees, do not share login data or wallet keys, and be wary of anyone who promises a specific amount or date. Only the trustee and the courts can distribute the bankruptcy estate.

If you still trade crypto

If you need a new exchange, check its licence on official registers first. Our comparison of Zondacrypto alternatives shows the MiCA status and our score for each exchange, and our crypto prices page shows live rates.

Sources

• National Prosecutor’s Office (Poland): Zondacrypto timeline
• Ametlikud Teadaanded (Estonian official gazette, trustee notices)
• Regulation (EU) 2015/848 on insolvency proceedings
• Kancelaria Prawna Skarbiec (case summary by a Polish law firm, status 17 Oct 2026)
• Bankier.pl

Last checked: 20 October 2026. Facts may change as the proceedings develop.