Embattled crypto exchange Zipmex has requested an audience with the Thai SEC and other regulators to discuss its recovery plan.
Asian crypto exchange Zipmex has requested meetings with Thailand's Securities Exchange Commission and other regulators to discuss the firm’s “recovery plan.”
“We have requested meetings with Thailand’s Securities Exchange Commission and regulators in the country where we operate to introduce our investors to regulators and present our recovery plan to government agencies.” The funding round was initially reported in June, suggesting the potential capital injection was not tied to the company's more recent financial woes.
, protecting the exchange from potential creditor lawsuits until Dec. 2, 2022 while it comes up with a restructuring plan.
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