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Bangkok Post
Bangkok Post
Business

UNCOVERED: Crypto exchange zipmex suspends all withdrawals - The Untold Story

(Photo from the Facebook account of Zipmex Thailand)

Digital asset exchange platform Zipmex on Wednesday evening suspended all baht and cryptocurrency withdrawals from its "Z Wallet", citing "market fluctuations" and issues with its business partners.

In a statement via its Facebook account, Zipmex Thailand attributed the decision to "market fluctuations, incidents in the industry and financial problems of main business partners which are beyond the company's control."

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