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cryptonews 2023-03-24 10:19:00

Thai Crypto Exchange Zipmex's $100 Million Bailout Stumbles as Payment Missed

Troubled crypto exchange Zipmex's $100 million bailout deal is in jeopardy as the exchange has not received its latest payment due March 23. The exchange was slated to receive $1.25 million on Thursday as part of its $100 million acquisition deal with V Ventures, a subsidiary of Thoresen Thai Agencies Pcl. However, Zipmex is yet to receive the latest payment, Bloomberg reported, citing a letter by the company. ... Read More: Thai Crypto Exchange Zipmex's $100 Million Bailout Stumbles as Payment Missed

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