Monaco launches probe into Zondacrypto which Poland now calls ‘pyramid scheme’

Monaco has opened an investigation into Zondacrypto, the failed Polish crypto exchange that held multiple sponsorships in the Principality, increasing regulatory scrutiny of the CEX. The probe raises legal, security and reputational risks for Zondacrypto and its Monaco sponsors, likely hurting user trust, fundraising, adoption and partnership prospects in the local crypto/DeFi ecosystem.