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THE TRUTH ABOUT: Sec issues warning for zipmex deals - The Untold Story

Zipmex SEC Securities and Exchange Commission Crypto

Cryptocurrency exchange Zipmex sent individual arrangements under the ZipUp+ programme to all creditors and customers by email on Dec 16.

The Securities and Exchange Commission (SEC) is warning investors to carefully review individual agreements proposed by crypto exchange Zipmex before deciding to make a deal with the company.

The Singapore-based company, which froze customer withdrawals earlier this year because of liquidity woes, recently sent a team of lawyers to clarify its restructuring plan with the SEC.

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