Thai SEC Files Legal Charges against Former Zipmex CEO for Alleged Fraud
Earlier this month, financial authorities ordered Zipmex Thailand to cease digital asset trading and brokerage services on the platform.
Zipmex Rescue Investor Reneges on 100% Creditor Payoff Commitment Now Offering 10 to 20 Cents on Dollar
By
Tolu Ajiboye
The Zipmex rescue deal was threatened after the investor backtracked on its earlier promise to repay creditors fully.
Zipmex Acquisition Suffers as Buyer Defaults on Payment
By
Tolu Ajiboye
The $100 million Zipmex acquisition hit a stumbling block yesterday after V Ventures missed a $1.25 million tranche payment.
Thailand Expects First Virtual Banks by 2025
The Bank of Thailand plans to put the virtual banks under a “restricted phase” for a few years after beginning operation.
Thailand Regulators Investigate Troubled Zipmex Over Earn Program ZipUp+
According to a disclosure letter dated November 30, Zipmex told rescue investor V Ventures that Zipmex Thailand had gone beyond what it initially said about the Earn program.
Zipmex in Advanced Takeover Talks with V Ventures Worth $100M
Zipmex is about to sign a $100 million rescue package with V Ventures.
Thai SEC Bans Crypto Firms from Offering Staking and Lending Services
Thai SEC has taken steps to ensure that investors are properly protected from the risks associated with crypto lenders.
Thailand SEC Files Police Reports against Zipmex
Previously, Zipmex said it was in “advanced stages of negotiation” with two potential investors.
Zipmex Gets More than Three Months of Creditors Protection
By
John K. Kumi
Zipmex applied for up to 6 months extension, however, the court only granted an extension valid until December 2.
Bankrupt Crypto Exchange Zipmex Resumed Withdrawals from Its Z Wallets
As part of the recent unlocking, users can transfer the three altcoins – SOL, ADA, and XRP – from its Z wallet to the Trade wallets.