2023-1-11 19:03 |
Thailand's Securities and Exchange Commission is looking into Zipmex's local branch over its earn program. origin »
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After Zipmex’s implosion, Thailand’s regulators have seemingly had enough and are looking to revamp the laws regulating the country's cryptocurrency industry. The post Thailand Set to Reform Crypto Rules After Market Rout appeared first on BeInCrypto.
2022-8-10 19:00 | |
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Beleaguered crypto exchange Zipmex has lost its business license after the Thai authorities found that the exchange had repeatedly failed to comply with orders. Thai cryptocurrency exchange Zipmex has lost its business license after the Securities and Exchange Commission (SEC)…
Zipmex, a Thai crypto exchange currently facing financial distress, has proposed a restructuring plan that includes paying its creditors a fraction of their original claims. According to Bloomberg, the exchange is offering its creditors “about 3.
Troubled cryptocurrency exchange Zipmex has proposed its creditors nearly 30 cents per dollar of claims as part of its restructuring plan. Embattled crypto exchange Zipmex has offered its creditors 29.
The suspension comes as Zipmex faces various challenges, including delays in customer payments, liquidity issues, and ongoing investigations by the SEC Thailand.
Troubled crypto exchange Zipmex is looking to extend the current moratorium on creditor protection by another two months to enable the company to find a solution regarding reopening its Z wallet. Zipmex filed an application with the Singapore court for…
Secret Zipmex investors want to return only 10-20% of their funds to the creditors as the exchange's deadline for creditor protection expires on Apr. 23. The post Zipmex Investors Ask for 90% Discount in Creditor Payments appeared first on BeInCrypto.
Coinspeaker Zipmex Rescue Investor Reneges on 100% Creditor Payoff Commitment Now Offering 10 to 20 Cents on Dollar The Zipmex rescue deal was threatened after the investor backtracked on its earlier promise to repay creditors fully.