tommy dee Posted July 27, 2022 Share Posted July 27, 2022 ZIPMEX, just a heads up as this is said to have been thailands 2nd biggest crypto platform, if any of you have ladies who INVESTED thru them, they are well in the shit. seems they sent all the assets to singapore, lent a lot to now defunct companies and no one can trade or access their funds. govt. gave them 3 days to re open but not likely Link to comment Share on other sites More sharing options...
tommy dee Posted July 27, 2022 Author Share Posted July 27, 2022 Thailands technology police yesterday accepted reports from representatives of some 750 people who claim to have had their assets frozen by a crypto exchange operating in Thailand. Those making the claims stated that their assets were transferred out of Thailand last week and that they are unable to cash in or transfer their assets. Late yesterday the SEC ordered the company, ZIPMEX , believed to have been the second largest ctypto exchange legally operating in Thailand, to resume trading and allow asset withdrawal within 3 days, with investors stating that they otherwise look to lose some 300 mill baht combined. ZIPMEX THAILAND, then has been ordered to comply HOWEVER with no bank style asset protection in place, the thai company has transferred all assets to its Singapore based parent company , ZIpmex Global, which, according to reports is massively underfunded due to its own investment of assets with babel finance, now non op, and Celcius Network which has declared itself bankrupt.. and Zipmex is actively touting for a 50 Mill DOLLAR loan to put itself back in the black, and has seen claims too, that it used investors assets to LEND to third parties, which is NOT allowed under the Thai SEC’s regulations. ( sorry for spelling, these are my notes for news) Link to comment Share on other sites More sharing options...
nampla69 Posted July 27, 2022 Share Posted July 27, 2022 People invested 300 million baht in this crock of shite. !!! Unreal crypto the fool's gold for 2022 ....... now they want a $50 million dollar loan for something that doesn't exist .... 1 1 2 Link to comment Share on other sites More sharing options...
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