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BIZARRE: Sec demands zipmex clarify bankruptcy filing | Mind Blowing Facts

SEC Zipmex Ruenvadee Suwanmongkol Crypto Securities and Exchange Commission TER Singapore Celsius DSI

A billboard promoting the Zipmex app is seen above a street in Bangkok earlier this year. (Post File Photo)

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.

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