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SEC demands Zipmex clarify bankruptcy filing

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The Bangkok Post

Thai regulator says local crypto exchange must explain what Singapore affiliate is planning The Securities and Exchange Commission (SEC) is demanding answers from executives of Zipmex after the cryptocurrency exchange refused to explain its filing for debt relief in Singapore. The Singapore-based company, which is licensed to act as a digital currency trading platform in Thailand, has yet to issue any formal explanation for its bankruptcy filing, SEC secretary-general Ruenvadee Suwanmongkol said on Friday. Ms Ruenvadee said her office has not remained idle since news of the move broke, saying …

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