{"id":74393,"date":"2023-02-20T19:49:52","date_gmt":"2023-02-20T17:49:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74393"},"modified":"2025-09-09T19:49:25","modified_gmt":"2025-09-09T16:49:25","slug":"zipmex-explains-asset-withdrawal-scheme","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/zipmex-explains-asset-withdrawal-scheme\/","title":{"rendered":"Zipmex explains asset-withdrawal scheme"},"content":{"rendered":"<p>The Thai cryptocurrency exchange Zipmex will resume withdrawals after the takeover deal closes.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We would like to inform you that the scheme documents have already been sent out via email to all eligible creditors of Zipmex by our scheme manager KordaMentha.<\/p>\n<p>Read more for voting details \ud83d\udc49 <a href=\"https:\/\/t.co\/PaAvxXhOZA\">https:\/\/t.co\/PaAvxXhOZA<\/a> <a href=\"https:\/\/t.co\/tGhjvbxLVO\">pic.twitter.com\/tGhjvbxLVO<\/a><\/p>\n<p>\u2014 ZIPMEX (@zipmex) <a href=\"https:\/\/twitter.com\/zipmex\/status\/1627624107381514243?ref_src=twsrc%5Etfw\">February 20, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Applications will be accepted until February 21, 2023.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cCreditors will receive 100% of their digital assets in the Z wallet after we provide full access to them following the approval of the scheme and the closing of any investment deals,\u201d the exchange representatives said.<\/p>\n<\/blockquote>\n<p>Zipmex faced a liquidity crunch after problems at its partners \u2014 <a href=\"https:\/\/forklog.news\/babel-finance-priostanovil-vyplaty-i-vyvod-sredstv\/\" target=\"_blank\" rel=\"noreferrer noopener\">Babel Finance<\/a> and <a href=\"https:\/\/forklog.news\/celsius-podala-zayavlenie-o-bankrotstve\/\" target=\"_blank\" rel=\"noreferrer noopener\">Celsius Network<\/a>. On July 20, 2022, it <a href=\"https:\/\/forklog.news\/bitkoin-birzha-zipmex-priostanovila-vyvod-sredstv-iz-za-stecheniya-obstoyatelstv\/\" target=\"_blank\" rel=\"noreferrer noopener\">suspended withdrawals<\/a>, citing an external \u201cconfluence of circumstances\u201d beyond its control.<\/p>\n<p>A few days later the exchange <a href=\"https:\/\/forklog.com\/en\/news\/zipmex-cryptocurrency-exchange-partially-resumes-withdrawals\">partially resumed<\/a> deposits and withdrawals, and later appealed to the Singapore court <a href=\"https:\/\/forklog.com\/en\/news\/zipmex-the-thai-cryptocurrency-exchange-seeks-court-protection-from-creditors\">for protection from creditors<\/a>. On August 15 the platform secured <a href=\"https:\/\/forklog.news\/zipmex-dobilas-prodleniya-moratoriya-na-zashhitu-ot-kreditorov\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u043f\u0440\u043e\u0434\u043b\u0435\u043d\u0438\u044f \u043c\u043e\u0440\u0430\u0442\u043e\u0440\u0438\u044f \u0434\u043e 2 \u0434\u0435\u043a\u0430\u0431\u0440\u044f<\/a>.<\/p>\n<p>In November it emerged that Zipmex <a href=\"https:\/\/forklog.com\/en\/news\/zipmex-offered-100-million-for-a-rescue-of-the-business-in-exchange-for-90-of-its-shares\">was close to signing a $100 million agreement<\/a> with venture firm V Ventures \u2014 the exchange&#8217;s current investor.<\/p>\n<p>A month later, the latter <a href=\"https:\/\/forklog.com\/en\/news\/bloomberg-v-ventures-proposed-to-rescue-zipmex\">proposed<\/a> to acquire 90% of the platform.<\/p>\n<p>In comments to CoinDesk, Zipmex CEO Marcus Lim said that no final agreement had yet been reached with the venture firm.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are making good progress, but the deal is not yet completed,\u201d he said.<\/p>\n<\/blockquote>\n<p>The Thai Securities and Exchange Commission <a href=\"https:\/\/forklog.com\/en\/news\/thai-sec-files-police-complaint-against-zipmex-and-co-founder-akalarp-yimvilaiya\">has filed a police report against Zipmex and its co-founder Akalarp Yimvilai<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Thai cryptocurrency exchange Zipmex will resume withdrawals after the takeover deal closes.<\/p>\n","protected":false},"author":1,"featured_media":74394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1355],"class_list":["post-74393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-zipmex"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=74393"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74393\/revisions"}],"predecessor-version":[{"id":74395,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74393\/revisions\/74395"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/74394"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=74393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=74393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=74393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}