The Business Times

Zipmex

Startups & Tech

Court dismisses Zipmex’s applications to extend debt moratoria; says liquidation ‘imminent’

Zipmex sank into distress last year after a US$53 million exposure to failed crypto lenders Babel Finance and Celsius.
Startups

Zipmex sues investor, proposes new scheme after US$100 million deal fails

Zipmex is struggling to pay employees after its investor withheld an injection of cash.
Startups

Crypto firm Zipmex’s investor pulls plug on US$100 million bailout

Zipmex, which fell victim to last year’s bear market in virtual coins, plans to ask the court to extend its creditor protection period in Singapore to give it time to seek alternative investors.
Startups & Tech

Crypto firm Zipmex’s buyout hits snag as investor seeks haircut

While the question of recognising crypto as money remains unanswered for now, cases revolving around this issue will be something to watch.
Startups & Tech

Crypto hearings in Singapore throw up quirks, legal novelties

In a lawyer's letter, V Ventures pointed to unresolved matters over Zipmex’s proposed scheme of arrangement.
Startups

White knight behind crypto exchange Zipmex says ‘not obligated’ to make payment, amid concerns of pullout

Zipmex could have been operating as a “digital-asset fund manager without permission,” Thailand's SEC said
Startups & Tech

Thailand probes embattled crypto exchange Zipmex on rule breach

Zipmex has about US$700,000 in cash in its bank balance. Without the financing, the company will survive till January, says its lawyer.
Startups

Court grants Zipmex’s rescue financing super-priority status

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