Zipmex | ForkLog

ForkLog 15 09.02.2024

Thai Regulator Accuses Former Zipmex CEO of Corruption and Fraud

The Securities and Exchange Commission (SEC) of Thailand has accused former Zipmex CEO Akalarp Yimwilai of fraud and misleading clients. According to the regulator’s investigation, the exchange transferred user funds stored in the platform’s Z Wallet to other addresses, notifying clients of the transactions only after the fact. “We believe that the Thai division of […]

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ForkLog 9 02.02.2024

Thai Regulator Orders Zipmex to Halt Operations

The Securities and Exchange Commission (SEC) of Thailand has mandated the cryptocurrency exchange Zipmex to suspend trading of digital assets and brokerage services. ก.ล.ต. สั่งการให้ Zipmex ระงับการให้บริการเป็นศูนย์ซื้อขายและนายหน้าซื้อขายสินทรัพย์ดิจิทัลชั่วคราวhttps://t.co/N0cCYvcASM — ThaiSEC_News (@ThaiSEC_News) February 2, 2024 On January 12, the SEC required the platform to make changes to its structure for maintaining and managing liquid capital. However, at […]

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ForkLog 7 14.04.2023

V Ventures proposed to Zipmex creditors to buy out the debt at an 80–90% discount

V Ventures proposed to Zipmex creditors to buy the Thai cryptocurrency exchange's obligations at a rate of 10–20 cents per dollar. The Block reports, citing a letter from the platform's lawyers to the Singapore Supreme Court.

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ForkLog 7 24.03.2023

Zipmex warns of possible liquidation as ZMT tumbles

Venture firm V Ventures missed a tranche payment to Zipmex, potentially exposing the Thai crypto exchange to liquidation. The Block reports.

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ForkLog 6 20.02.2023

Zipmex explains asset-withdrawal scheme

The Thai cryptocurrency exchange Zipmex will resume withdrawals after the takeover deal closes.

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ForkLog 7 02.12.2022

Bloomberg: V Ventures Proposed to Rescue Zipmex

V Ventures proposed to acquire 90% of Zipmex's shares, according to Bloomberg.

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ForkLog 7 18.11.2022

Zipmex seeks extension of creditor-protection moratorium

The Thai cryptocurrency exchange Zipmex filed for creditor protection with the Singapore court until April 2, 2023.

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ForkLog 7 02.11.2022

Zipmex offered $100 million for a ‘rescue’ of the business in exchange for 90% of its shares

Facing financial difficulties, the Thai cryptocurrency exchange Zipmex is close to signing a $100 million 'rescue' deal with its current investor, The Block reports.

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ForkLog 13 07.09.2022

Thai SEC files police complaint against Zipmex and co-founder Akalarp Yimvilaiya

Thai Securities and Exchange Commission (SEC) filed a police complaint against Zipmex and its co-founder Akalarp Yimvilaiya.

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ForkLog 7 26.08.2022

Zipmex asks Thai regulators to discuss its restructuring

Thai cryptocurrency exchange Zipmex has sent a request to the SEC and other regulators in the country to discuss a 'recovery plan'. Potential investors will also participate in the meeting on September 15, Bloomberg reports.

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ForkLog 4 15.08.2022

Zipmex secures three-month extension to creditor protection moratorium

Thailand-based cryptocurrency exchange Zipmex said that a Singapore court granted its request for creditor protection for three months, until 2 December. The Block reports.

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ForkLog 5 28.07.2022

Zipmex, the Thai cryptocurrency exchange, seeks court protection from creditors

The Thai cryptocurrency exchange Zipmex has filed for court protection from creditors in Singapore. The moratorium will automatically take effect for 30 days, under Singaporean law.

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