Important Announcement: Moratorium Update

November 22, 2022

22 November 2022

Dear Zipmex customer, 

The applications for extension of time of the moratorium that were filed on 18 November 2022 have been assigned the following case numbers:

HC/SUM 4184/2022;
HC/SUM 4185/2022;
HC/SUM 4186/2022;
HC/SUM 4187/2022; and
HC/SUM 4188/2022.

(collectively, the “Moratorium Extension Applications”):

The High Court of Singapore has given inter alia, the following directions and timelines for the Moratorium Extension Applications:

The Moratorium Extension Applications are fixed for hearing on 2 December 2022 at 10 am to 11:30 am (Singapore time), before the Honourable Justice Aedit Abdullah via Zoom;

The Zipmex entities are to provide to the Registry a list of all parties who wish to attend the hearing by 29 November 2022 at 4 pm;

Anyone who objects or wishes to respond to any of the applications is to file and serve a reply affidavit by 24 November 2022 at 4 pm;

Any reply affidavit by any of the Zipmex entities is to be filed and served by 28 November 2022 at 4 pm; and

All written submissions and bundle(s) of authorities are to be filed by 30 November 2022 at 4 pm.

A copy of the Correspondence from Courts can be found on this Dropbox link.

If you are in support of the Moratorium Extension Applications, please email [email protected] to indicate your support.

For further enquiries, reach out to Customer Support on Live Chat – we’re ready to help 24/7.

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Thank you.

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Zipmex Company Limited ("Company") operates a digital assets brokerage business. In order to increase the liquidity for digital assets trading on the Company's exchange platform, the Company sends and receives trade orders from one third-party exchange which is Zipmex SG, our affiliated company located in Singapore. No fees or compensation is provided between the parties. Any references to Zipmex SG is a reference to Zipmex Pte. Ltd.