Zipmex
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V Ventures failed to repay 100% of Zipmex creditors’ debt
According to reports, Zipmex\’s rescue investors have failed to fulfill their 100% promise, and V Ventures now only wants to repay Zipmex creditors 10 to 20 cents of debt per dollar
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Restructuring Plan of Thai Cryptocurrency Exchange Zipmex Gets Court Approval, Customers Can Now Withdraw Deposits
It is reported that the arrangement plan or restructuring plan of the Thai cryptocurrency exchange Zipmex has been approved by the High Court of Singapore, paving the way for custo
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Zipmex’s Restructuring Plan Approved by High Court of Singapore
It is reported that the arrangement plan or restructuring plan of the Thai cryptocurrency exchange Zipmex has been approved by the High Court of Singapore, paving the way for custo
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Zipmex Token ZMT fell 50% to $0.5
According to reports, ZMT plummeted 50% to $0.5 after news of Zipmex’s funding problems and potential liquidation emerged. In addition, due to missed payments, more than 100 employees (approximately 43% of all employees) will not receive wages this month. According to an email sent to shareholders, Zipmex is working with its legal team to find alternative financing methods. Interpretation of this information: The financial problems that Zipmex is currently facing have caused a significant impact on the stock market, as evidenced by the 50% drop in price of ZMT (Zipmex…
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Zipmex’s rescue investors failed to pay, and employees were informed or would be liquidated
According to reports, According to The Block, Zipmex’s rescue investors failed to pay, and employees were informed that they might be liquidated. Interpretation of this information: Zipmex, a cryptocurrency exchange based in Singapore, appears to be experiencing a financial crisis. Recent reports suggest that the rescue investors who were expected to save the company from collapsing have failed to meet their obligation. Consequently, the management of Zipmex sent a memo to the employees stating that they may have to liquidate the company. This news has generated concerns and anxiety among…
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Overview of important developments in the evening of February 20
12:00-21:00 Key words: Hong Kong, FSB, Galois Capital, Zipmex Interpretation of this information: The message is announcing the partnership between Hong Kong-based cryptocurrency exchange, Zipmex, and the Galois Capital investment fund, which specializes in investing in blockchain and cryptocurrency startups. Galois Capital is also a member of the Financial Stability Board (FSB), an international organization that monitors and recommends policies for the global financial system. This partnership is expected to bring expertise and support to Zipmex as it continues to grow and expand its operations in the Asia Pacific region….
