PANews|May 09, 2026 00:22
[Estonian Financial Supervisory Authority Issues Investor Warning to Zondacrypto Due to Missing White Paper]
According to Cointelegraph, the Estonian Financial Supervisory Authority has issued an investor warning to BB Trade Estonia OÜ, the operator of the cryptocurrency exchange Zondacrypto, for failing to provide a white paper for the 'TeamPL' crypto token on its website. This violates Article 9(1) of the EU MiCA framework, which requires that as long as crypto assets are still held by the public, the white paper must remain publicly accessible on the website. Previously, reports indicated withdrawal issues at the Zondacrypto exchange, and Polish law enforcement authorities have also launched an investigation into the exchange.
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