According to a new release on the website of the company, Zipmex, the South Asian cryptocurrency exchange that earlier this year had to freeze withdrawals due to a shortage of liquidity, has received creditor protection for all of its businesses until April of 2023. Zipmex Secures Creditor Protection The High Court of Singapore also issued a ruling stating that any acquisition agreement for Zipmex must be finalized by December 21 in addition to the prolongation. According to a person acquainted with the situation, Zipmex was still in advanced negotiations regarding a rescue agreement on November 18. Zipmex is one of The post Zipmex Obtains Creditor Protection Term as Court Sets Deal Date appeared first on Cryptoknowmics-Crypto News and Media Platform .
