Search Results for "zipmex"
Thailand Tightens Crypto Advertising Rules after Crypto Zipmex Bankrupted
Thailand has announced new measures to regulate cryptocurrency advertising in order to protect investors from being misled into buying risky crypto products.
Zipmex Misses Buyout Payment
Cryptocurrency exchange Zipmex has missed the latest payment under its buyout agreement with venture capital firm V Venture. Without the $1.25 million payment, the Singapore-based exchange warned it may have to begin liquidating one of its units and suspend payroll.
Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors
Zipmex, Asia's leading digital asset exchange, said it had won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues.
In Talks with "Interested Parties" for Bailout, Says Zipmex
Zipmex cryptocurrency trading platform is looking ahead as it has confirmed that it is in talks with interested parties who would like to bail out the platform from its recently identified woes.
Thai Regulator Files Charges Against Zipmex Executives
The Thailand offshoot of the beleaguered digital assets platform Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC).
Bankrupt Crypto Exchange Zipmex ‘In Advanced Takeover Talks' with V Ventures
A potential buyer is reportedly close to agreeing on a deal to take over Zipmex.
Hodlnaut Applies for Court Protection amid Liquidity Crises
Hodlnaut, a Singapore-based digital currency lending platform, has joined its counterparts in seeking out the protection of the courts with its recent application for Judicial Management.
Zipmex Appoints Restructuring Firm Kordamentha To Work on Recovery Plan
Zipmex said it has appointed restructuring specialist as its financial advisor. KordaMentha is expected to help Zipmex establish a restructuring process.
Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors
Singapore-based crypto trading platform Zipmex has filed a moratorium for seeking bankruptcy protection from the local court. Some of its core activities have been suspended.
Indonesia to Update Govt Rules for Crypto, Implement More local Control
The South Asian country's trade ministry is planning to issue rules to govern crypto exchanges that will require two-thirds of the board of directors and commissioners to be Indonesian citizens and live in Indonesia.
Zipmex's Woes May Soon be Over, But Here is the Catch
Sources citing an email sent by Mahagitsiri’s representatives indicate that Zipmex’s co-founder and Chief Executive Officer, Marcus Lim, demand to forfeit 100% of his holdings in the company.
Zipmex Requests Moratorium Extension in Singapore
Cryptocurrency exchange Zipmex has requested an extension of its moratorium on debt in Singapore due to liquidity issues. The company plans to use the extra time to reopen withdrawals on its Z Wallet platform.
