• Polish Olympic Committee president Radosław Piesiewicz was arrested in a probe linked to Zondacrypto.
• Prosecutors are examining an alleged €40,000 watch and other possible financial benefits.
• The wider investigation concerns suspected fraud and money laundering at Zondacrypto.

Polish Olympic Committee president Radosław Piesiewicz was arrested during a probe into suspected financial benefits linked to Zondacrypto.

Prosecutors are examining claims that Zondacrypto CEO Przemysław Kral gave Piesiewicz a €40,000 watch for regulatory help.

Piesiewicz denies receiving the watch as a gift and says he paid for it in cash.

Polish prosecutors have not disclosed charges against Piesiewicz, while Justice Minister Waldemar Żurek confirmed his…