Zipmex Rescue Investor Reneges on 100% Creditor Payoff Commitment Now Offering 10 to 20 Cents on Dollar
The Zipmex rescue deal was threatened after the investor backtracked on its earlier promise to repay creditors fully.
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The Zipmex rescue deal was threatened after the investor backtracked on its earlier promise to repay creditors fully.
The Securities and Exchange Commission (SEC) yesterday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.
The Securities and Exchange Commission (SEC) on Monday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.
Zipmex Technology's token plunged over 50% as the firm's rescue investor missed a payment, and the company warned employees of potential liquidation. V…
Asian crypto exchange Zipmex faces the liquidation after an investor missed a monthly payment. Venture capital firm V Ventures failed to make a $1.25 million…