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Bangkok Post

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MYSTERIOUS: Sec probes embattled crypto exchange zipmex - You Need To See This

Zipmex SEC Crypto Securities and Exchange Commission SET Thailand

Advertisements promoting Zipmex are seen at a mass-transit station in Bangkok in July last year. (Reuters File Photo)

The Securities and Exchange Commission is investigating whether the embattled crypto exchange Zipmex, which is in the midst of being taken over by a Thailand-linked venture capital fund, breached local rules in its offer of certain digital-asset products.

The SEC wrote to Zipmex Thailand chief executive officer Akalarp Yimwilai on Dec 28, noting that some of the firm’s activities may be in violation of digital-asset business rules, according to a letter seen by Bloomberg News.

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