Thu, March 28

Thailand SEC Reportedly Investigating Insolvent Zipmex Exchange

Reportedly, the Securities and Exchange Commission (SEC) of Thailand has begun looking into the troubled cryptocurrency exchange Zipmex. The latter’s compliance with local regulations on the sale of digital asset services and goods will be scrutinized by the regulator. Bloomberg reports that Thailand’s top financial regulator is to investigate insolvent

January 12, 2023 2 mins read

Singapore High Court Grants Zipmex 3 Months of Protection

Due to cash flow problems, the company temporarily halted withdrawals. High Court’s Justice Aedit Abdullah has put a hold on any further legal action. Several cryptocurrency ventures failed because of the weak market and the demise of Terra. Even while some investors had begun leaving the sector when Bitcoin’s price

August 15, 2022 1 min read

Crypto Exchange Zipmex Sanctioned Limited Withdrawal

Zipmex  restored users’ access to their balances, allowing them to withdraw 0.08 ETH. On August 16, users will also be able to withdraw 0.0045 BTC. Zipmex, a recently defunct cryptocurrency exchange, has only partially restored users’ access to their ETH balance. Now, Zipmex users who own ETH can withdraw money,

August 12, 2022 1 min read