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Ethereum World News
2022-07-28 12:07:05

Zipmex Files For 6-Month Moratorium Extension To Stall Legal Actions

Zipmex Files For 6-Month Moratorium Extension To Stall Legal Actions

Summary: Crypto exchange Zipmex has moved to delay creditors in Singapore from pursuing legal actions against the platform. The trading service filed five separate moratorium applications to this effect. Moratoriums of this nature usually give a 30-day extension but the exchange is after a 6-month extension. The crypto exchange supposedly requires time to address its liquidity gridlock. Withdrawals on the platform were halted citing financial difficulties but later resumed operations on its trading wallet. The platform’s main wallet, Z wallet, […]

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