Update On Moratorium Application

August 17, 2022

17 August 2022

Dear Zipmex customer,

Update on Moratorium Applications in Singapore

Our solicitors in Singapore, Morgan Lewis Stamford LLC, have informed us that the Singapore Court has today issued brief grounds of its decision for the hearing on 15 August 2022. The grounds of decision can be found here: [2022] SGHC 196 (elitigation.sg) for all interested parties’ perusal and reference.

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Thank you.

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).

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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.
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