A sprawling cryptocurrency scandal is deepening in Poland, entangling prominent figures from the country's conservative political camp just a year before parliamentary elections. The collapsed exchange Zondacrypto (founded in Poland in 2014 and officially licensed in Estonia) is alleged to have been infiltrated by criminals and used for money laundering, with Polish intelligence officials also claiming Russian services channelled funds through the platform. Its last director, Przemyslaw Kral, is reportedly cooperating with prosecutors as a crown witness from abroad, and his testimony has implicated figures including the head of the Polish Olympic Committee — who has been arrested — a lawmaker from the far-right Confederation party, and former justice minister Zbigniew Ziobro, who confirmed receiving a donation of roughly 450,000 zloty from Kral while living in the United States after fleeing a separate criminal investigation. The scandal also touches newly elected President Karol Nawrocki, who has vetoed cryptocurrency regulation legislation three times since taking office, a pattern Prime Minister Donald Tusk publicly described as no coincidence, though Nawrocki denies any connection to the exchange. With Poland's right-wing parties already financially weakened after losing power in 2023, analysts say the Tusk government is likely to keep the scandal in the spotlight in the run-up to the 2027 elections, though some political scientists question whether the complexity of crypto finance will resonate decisively with ordinary voters.