Zipmex, a Singapore-based digital assets trading platform, today announced that it is pausing customer withdrawals,
The company took to Twitter on Wednesday to announce the move, citing “a combination of circumstances beyond our control” that made it take the decision.
“Due to a combination of circumstances beyond our control including volatile market conditions, and the resulting financial difficulties of our key business partners, to maintain the integrity of our platform, we would be pausing withdrawals until further notice,” said the exchange.
Due to a combination of circumstances beyond our control including volatile market conditions, and the resulting financial difficulties of our key business partners, to maintain the integrity of our platform, we would be pausing withdrawals until further notice.
— ZIPMEX (@zipmex) July 20, 2022
Zipmex, which markets itself as “Asia’s leading digital assets exchange” and has offices in Thailand, Indonesia, and Australia, offers a variety of...
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