Zipmex sends a request for a meeting with the Thai regulator about the company restructuring plan
Cryptocurrency exchange Zipmex has requested meetings with the Securities Exchange Commission of Thailand (SEC) and other regulators to discuss the company's restructuring plan.
After encountering many challenges mentioned above, Zipmex was offered to rescue from an unnamed party as well as receive an "amnesty" for three months' debt repayment obligation from the Supreme Court. Singapore. However, given the SEC's interest in Zipmex, the upcoming discussions will provide important information on how the company may proceed with future repayments. Besides, Zipmex announced that they will soon clarify more on the matter around mid-September 2022.
In addition, Zipmex also announced that the wallet transfer for the exchange's native token ZMT between Z Wallets and Trade Wallets has been reset this week, marking further progress as the company is working on it. force to return to full operation. However, the functionality is currently only available on the website and not via the Zipmex app.
Crypto Fox News Summary
Aug 26, 2022