#zipmex

4:16pm, 18th April, 2023

Zipmex requests 2-month extension from Singapore court for restructuring plan

A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues.

Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

12:41pm, 24th March, 2023

Crypto Wiki

Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

V Venture, a subsidiary of a Thai shipping company, missed a payment on its $100 million buyout of the troubled crypto exchange.

Crypto exchange Zipmex probed by Thai SEC amid buyout

4:23am, 11th January, 2023

Crypto Wiki

Crypto exchange Zipmex probed by Thai SEC amid buyout

The cryptocurrency exchange is the subject of a probe by local monetary authorities in Thailand for a potential breach of local rules for digital asset service providers.

Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures

12:47pm, 7th September, 2022

Crypto Wiki

Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures

The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC's allegations.

Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’

11:22pm, 25th August, 2022

Crypto Wiki

Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’

The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand's SEC, and government agencies.

Zipmex gets 3 month protection in Singapore amid halted withdrawals

6:45am, 15th August, 2022

Crypto Wiki

Zipmex gets 3 month protection in Singapore amid halted withdrawals

Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.

Thai SEC approves four crypto firms despite Zipmex woes

10:57pm, 4th August, 2022

Crypto Wiki

Thai SEC approves four crypto firms despite Zipmex woes

Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals.

Thai SEC launches digital hotline for Zipmex users

5:37am, 25th July, 2022

Crypto Wiki

Thai SEC launches digital hotline for Zipmex users

The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website.

Zipmex resumes withdrawals for trade wallets

1:17pm, 22nd July, 2022

Crypto Wiki

Zipmex resumes withdrawals for trade wallets

The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.

MUFG boosts its crypto exposure following $41M Zipmex funding round

5:23am, 31st August, 2021

Crypto Wiki

MUFG boosts its crypto exposure following $41M Zipmex funding round

Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.