Former CEO and Founder of BitBay Is Reportedly Missing

His family has not heard from him since Thursday when he left for a business meeting.

Shareholders of the crypto exchange may be linked to the criminal world, reports say.

Q4 2021 volumes have gone up or down and how much？

He was wearing black sports shoes with orange elements, an olive-black jacket with a yellow stripe, blue jeans, and a black sweatshirt at the time of his disappearance.

The executive is known for having founded a company where journalists from local media found that some shareholders had criminal records, with convictions for pimping and VAT fraud. Additionally, it is worth mentioning that in 2018 the above-mentioned Bitcoin (BTC) exchange was listed on the list of warnings issued by the Polish Financial Supervision Authority. This involved financial activities that were not permitted.

“BitBay, also known as the Bitcoin mine, was founded by three men from Piekary Śląskie. For Sylwester Suszek, the initial capital was to be provided by his father, then he transferred the shares in the company to his son. However, TVN reporters have found information indicating that Marek K. is also among BitBays shareholders - with a criminal past,” said a local media outlet.

Alleged Links to Criminals

It was found in the investigations that the crypto exchange could have links to the criminal world via its shareholders, specifically with one of them that is allegedly associated with a murder committed in 1995 by a local gang. The journalistic piece was attempted multiple times to be taken down, but it failed.

“During the writing of the report, its authors were to receive a proposal to accept a bribe for abandoning the topic. First, there was a proposal of 100,000. PLN, later - a million. The reporters passed this information on to the prosecutor's office in Wrocław and the Central Investigation Bureau. They were also to meet with those who offered to pay them a bribe under the supervision of law enforcement agencies. Ultimately, however, the National Prosecutor's Office did not consent to the meeting,” the local media outlet commented.