zondacrypto ($ZND) hot wallet went from 55 BTC to 0.086 BTC over 18 months. on-chain. publicly visible. 99.84% drawdown in exchange reserves and not one analyst flagged it before withdrawals froze. CEO fled to israel. founder vanished in 2022 with sole private keys to 4,503 BTC cold wallet. management resigned en masse. $100m+ in user funds gone. the data was sitting on a block explorer for anyone to check. every cycle the same playbook runs. fractional reserves, no proof-of-reserves, single-key cold storag ...