Tag: asian crypto exchange

Jul 29 2022

Crypto Exchange Zipmex Goes Bankrupt – Who’s Next To Fall?

After weeks of rumors, cryptocurrency exchange Zipmex said that it had filed for bankruptcy protection in Singapore in response to mounting legal threats from creditors. The Thailand-based crypto exchange is reported to have more than $50 million in exposure to Babel Finance and Celsius, crypto lenders that have severely been battered from the turmoil plaguing the crypto markets. Babel halted withdrawals at the...

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