Bloomberg: Southeast Asian cryptocurrency exchange Zipmex attempts restructuring again

ChainCatcher news, according to Bloomberg citing informed sources, Southeast Asian cryptocurrency exchange Zipmex initially proposed to repay creditors at a rate of 3.35 cents per dollar, which is part of its latest restructuring proposal.

Court documents show that as of October 4, Zipmex has revised its $97 million debt restructuring plan, with the revised payment amount potentially rising to 29.35 cents.