Update on moratorium proceedings

August 23, 2023

Zipmex – Receipt of Correspondence from Court

To all creditors of the Zipmex group

The Singapore Court has issued correspondences setting out the further directions for HC/OAs 757 and 758 of 2023 as made at the hearing on 21 August 2023. Copies of the Correspondences from Court dated 22 August 2023 can be downloaded here. 

Please note that the link for the Zoom webinar hearing on 29 September 2023, 4.00 pm is https://go.gov.sg/webinarhearing. Please also note the following:

Attendees will not be allowed to address the Court or turn on their cameras until and unless the Court approves a request that is typed into the webinar β€œchat” with a synopsis of what the attendee wishes to address the Court on;
watermarking technology will be used; and
any unauthorised recording or dissemination of video/audio footage of the hearing is prohibited and may be the subject of thorough investigations that can result in civil and/or criminal liability.

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides financial access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

ZEI is currently registered under and listed by Bappebti as a candidate merchant. To date, the Indonesian government has established crypto assets as commodities which can be determined as the subjects of futures contracts, which can be traded through the Futures Exchange (of crypto assets).


Before you use the Services, you must be aware of the following:

  1. You should not transact Digital Assets if you are not familiar with Digital Assets. Transacting Digital Assets may not be suitable for you if you are not familiar with the technology of the Services that are provided.
  2. You should be aware that the value of Digital Assets may fluctuate greatly. You should buy Digital Assets only if you are prepared to accept the risk of losing all of the money you put into such Digital Assets.
  3. You should be aware that although we strive to provide you with excellent service, we do not guarantee that the Site or Services will be available without interruption.
  4. Digital Assets held in your Hosted Wallet and funds in your Fiat Wallet are not subject to the Indonesian insurance or guarantee scheme as provided by the Indonesian Deposit Insurance Corporation (Lembaga Penjamin Simpanan).