Cryptocurrency Analysis and News Portal
Zipmex, the South East Asian cryptocurrency exchange that found itself embroiled in a credit crunch last year, will re-open customer withdrawals this week. Source
Read More
According to a new press release on Feb. 15, Thai cryptocurrency exchange Zipmex stated that it sent a new scheme to all firm's eligible creditors through its scheme manager KordaMentha. As told by Zipmex, the creditors have until Feb. 21, 2023 to vote on the scheme and "will receive 100%
Read More
The SEC has written to Chief Executive Officer Akalarp Yimwilai on Dec. 28, 2022 of the company possibly violating local business rules for crypto service providers, noting Zipmex may have been operating as a crypto fund manager "without permission," the report said. Source
Read More
The cryptocurrency exchange Zipmex is the focus of a new probe by the Securities and Exchange Commission (SEC) of Thailand for a breach of local rules. A Bloomberg report revealed that local authorities are looking into activities that they believe may violate business rules for digital asset service providers. This includes
Read More
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote. Source
Read More
After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange.V Ventures, a subsidiary of Thoresen Thai Agencies (TTA) public company, is looking to purchase a 90% stake in Zipmex crypto exchange, Bloomberg reported on
Read More
Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company's website. Source
Read More
As it attempts to steer the rescue deal over the line, Zipmex applied for an extension of its moratorium in Singapore, until April 2023, according to a statement on Friday. Moratorium is a form of protection that prevents creditors from making claims. Original Source
Read More
Cryptocurrency exchange Zipmex is in advanced buyout negotiations that will see it potentially sell a majority stake in the business. Source
Read More
Thailand's Securities and Exchange Commission filed a police complaint against cryptocurrency exchange Zipmex and its CEO, Mr. Eklarp Yimwilai. Original Source
Read More