Crypto Exchange Zipmex Probed by Thai SEC Amid Buyout

Crypto exchange Zipmex probed by Thai SEC amid buyout.

According to the Thai SEC, Zipmex has until Jan. 12 to clarify whether it has been functioning as a "digital-asset fund manager without permission" in Thailand. If true, the firm would have needed to obtain a permit prior to conducting business in the country.

Zipmex is currently in the process of being acquired by V Ventures, a subsidiary of Thoresen Thai Agencies Pcl, for around $100 million.

Source

Exchanges

SEC

Related News
Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
MEXC Partners With Hacken to Increase Security Standards MEXC Partners With Hacken to Increase Security Standards
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Latest News More More
23 Hours Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
1 Day Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
3 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
3 Days Ago Canada to launch spot Solana ETFs this week: report
April 10 Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open