{"id":58821,"date":"2022-03-16T11:50:41","date_gmt":"2022-03-16T09:50:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58821"},"modified":"2025-09-04T18:44:58","modified_gmt":"2025-09-04T15:44:58","slug":"media-reports-that-bitbay-founder-and-former-ceo-has-gone-missing","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/media-reports-that-bitbay-founder-and-former-ceo-has-gone-missing\/","title":{"rendered":"Media reports that BitBay founder and former CEO has gone missing"},"content":{"rendered":"<p>On 10 March, the founder and former head of the cryptocurrency exchange BitBay (now Zonda), Sylvester Sushyk, left his home in Katowice, Poland, for a business meeting in an unknown direction and has not been heard from since.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: The founder of <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#crypto<\/a> exchange BitBay has reportedly gone missing after leaving his home on Thursday for a business meeting.<\/p>\n<p>\u2014 Watcher.Guru (@WatcherGuru) <a href=\"https:\/\/twitter.com\/WatcherGuru\/status\/1503675483292119044?ref_src=twsrc%5Etfw\">March 15, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>RMF24 confirmed the information, citing local law enforcement.<\/p>\n<p><a href=\"https:\/\/wiadomosci.wp.pl\/zaginal-prezes-najwiekszej-gieldy-kryptowalut-w-polsce-sprawa-zajela-sie-policja-6747219531475584a\">discovered<\/a> that one of the platform&#8217;s shareholders had a criminal record, including for tax fraud. He was also suspected of murder as part of an organized group.<\/p>\n<p>Previously, Sylvester Sushyk ceased to be involved with BitBay, which underwent a rebrand and took on a new name.<\/p>\n<p>Zonda&#8217;s services are used by more than 1 million users; the company is regulated by Estonia&#8217;s Bureau of Money Laundering Data. The platform offers 156 trading pairs across 55 crypto assets.<\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/exchanges\/zonda\">CoinGecko<\/a>, Zonda&#8217;s trading volume in the last 24 hours was $6.12 million. There is no information on users having trouble accessing their funds on social media.<\/p>\n<p>In 2018, the Polish Financial Supervisory Authority included BitBay in a list of companies conducting unauthorized financial activity. In the same year, the bitcoin exchange relocated to Malta.<\/p>\n<p>In 2019, the co-owner of Poland&#8217;s Bitcoin exchange BitMarket was found in a forest, shot in the head.<\/p>\n<p> Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 10 March, the founder and former head of the cryptocurrency exchange BitBay (now Zonda), Sylvester Sushyk, left his home in Katowice, Poland, for a business meeting in an unknown direction and has not been heard from since.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1973],"class_list":["post-58821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitbay"],"aioseo_notices":[],"amp_enabled":true,"views":"181","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=58821"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58821\/revisions"}],"predecessor-version":[{"id":58822,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58821\/revisions\/58822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=58821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=58821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=58821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}