Troubled lender Hodlnaut applies for creditor protection in Singapore
Hodlnaut is following the path taken by Zipmex and Vauld, two other troubled VASPs which were given three months of breathing space to sort things out.
Latest Zipmex News
Zipmex gets 3-month creditor protection in Singapore as investors call out for CEO’s blood
Two weeks since granting Vauld protection, Singapore has extended the same to Zipmex, an exchange whose tie-up with Babel Finance and Celsius was its downfall.
Singapore-based Zipmex exchange files moratorium on bankruptcy
Zipmex explains that the application does not imply the liquidation of any entities, but it helps protect the company against third-party actions, claims, and proceeding.
Thai SEC launches online complaint form for Zipmex users affected by withdrawal suspension
The online complaint form will be more convenient for users and will help them gather more factual information "clearly and accurately," according to the Thai securities regulator.
Singapore-based Zipmex exchange suspends withdrawals citing market conditions
Zipmex offers both digital assets spot trading and an interest-bearing account service that offers users up to a 10% annual percentage yield.
Zipmex crypto exchange acquires license to operate in Thailand
The Thai SEC has approved crypto exchange Zipmex to operate in the country, becoming one of just a handful of crypto exchanges licensed in the Asian nation