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

in blockchain •  3 years ago 

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

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

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