Cinkciarz.pl review: Company declared bankrupt, clients have until November 26

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Yaroslav Dmytrenko

31.10.2025

Cinkciarz.pl review: Company declared bankrupt, clients have until November 26 — Cinkciarz.pl bankruptcy: Clients have until November 26

Recently, users of the brokerage company Cinkciarz.pl, registered in Cyprus and regulated by CySEC (Cyprus Securities and Exchange Commission), have lost access to their accounts. When trying to log in, they see the message “This is not the end” along with a ticker displaying updates about the company’s difficulties.

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Moreover, Polish media report that on October 26, Cinkciarz.pl, which has been under criminal investigation by the Poznań Prosecutor’s Office, was declared bankrupt by a district court in Zielona Góra.

This information is crucial for all clients of Cinkciarz.pl, as they now have one month — until November 26, 2025 — to file claims against the company. After this date, an additional fee will apply.

“Creditors now have 30 days from the date of the bankruptcy announcement, that is until November 26, 2025, to file their claims. Submissions can only be made electronically through the National Debt Register (KRZ) system,” explained attorney Karolina Pilawska.

She clarified that to successfully submit a claim, clients must prepare complete documentation proving the existence and amount of their claims. In practice, this means attaching, among other things, bank transfer confirmations, transaction histories, currency exchange receipts, statements, transaction summaries, and any correspondence with Cinkciarz.pl.

“Those who have already obtained court decisions — such as payment orders or rulings — must also attach these documents to their applications,” the lawyer added.

Filing a claim after the deadline is still possible but requires a court fee of 1,239.90 PLN (approximately €285). According to the lawyer, failure to submit a claim may effectively mean losing the right to recover funds, even if civil proceedings are already ongoing.

Chronology of events

At this stage, it is difficult to predict to what extent creditors’ claims will be satisfied. Complaints about withdrawal and transfer delays regarding Cinkciarz.pl have been reported since last year, after which the Polish Financial Supervision Authority launched an investigation.

In March, the Prosecutor’s Office charged Marcin P., the CEO of Cinkciarz.pl sp. z o.o., with fraud, among other offenses. Since the end of July, the company’s head has been wanted by authorities.

By the end of September 2025, prosecutors announced that the total amount of alleged damage caused to clients by the company’s CEO exceeded 125 million PLN (around €29 million).

Currently, the bank accounts of Cinkciarz.pl sp. z o.o., Conotoxia sp. z o.o., and Conotoxia Holding sp. z o.o. remain frozen.

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