Zipmex, a cryptocurrency exchange that filed for bankruptcy last year amid the crypto market meltdown, has filed for a two-month extension to its moratorium, which was put in place following its bankruptcy filing in July last year. The Singapore-based exchange said it has filed for the court extension as it seeks to find a solution that suits its customers and an investor. Zipmex is also in talks with new investors as the current one has delayed payments agreed upon as part of the exchange’s restructuring. If granted the extension, the exchange will have an opportunity to find a solution that would suit all parties involved while also ensuring that customer withdrawals are not impacted.
Add A Comment