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ZEC $333.95 -2.87%

Insiders: Zipmex has signed a rescue plan and will restart user withdrawals

2023-02-20 20:57:25
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According to ChainCatcher, citing informed sources from CoinDesk, Zipmex has signed a rescue plan negotiated in November 2022, and investors have been providing funds in batches. Zipmex announced on February 15, 2023, that all eligible creditors must fill out a form containing information about the funds held in Zipmex by February 21, and plans to complete user withdrawals by March 21.

Previously, ChainCatcher reported that Zipmex may sign a rescue plan worth over $100 million, which will be led by the venture capital firm V Ventures, founded by Thai billionaire and coffee king Prayudh Mahagitsiri's son Chalermchai Mahagitsiri, in exchange for 90% of Zipmex's shares. (Source link)

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