Forbes - Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads

in blockchain •  2 years ago 

https://www.forbes.com/sites/zinnialee/2022/07/29/crypto-exchange-zipmex-seeks-bankruptcy-protection-in-singapore-as-crypto-crisis-spreads/
Screenshot_20220730-173853_Brave.jpg

Zipmex was owed $48 million by cryptocurrency lender Babel Finance and another $5 million by Celsius Network, which went bankrupt on July 21.

Founded in 2018, Zipmex provides crypto trading and investment services in Thailand, Indonesia, Singapore, and Australia.

The company has experienced liquidity issues and has become the latest victim of the ongoing cryptocurrency crash.

Are you a Zipmex customer? Follow this news!!

Screenshot_20211106-080453_DesignEvo.jpg

blockchain horror bankruptcy zipmex crypto exchange liquidity issue
2 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.43
  • Past Payouts $0.43
  • - Author $0.21
  • - Curators $0.21
24 votes
1
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  2 years ago 

    Your post was upvoted and resteemed on @crypto.defrag

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00