Update On Moratorium Application

August 12, 2022

12 August 2022

Dear Zipmex customer,

Update on Moratorium Applications in Singapore

We refer to our announcements dated 27 July 2022, 29 July 2022, 1 August 2022, 4 August 2022 and 10 August 2022.

Please be informed that we have filed the 1st Affidavit of Akalarp Yimwilai in OA 381 on 11 August 2022. We have also received letters from the Court which contains important information for creditors. A copy of the documents can be found at  https://www.dropbox.com/s/zsx53celga4z7a6/12%20August%202022.zip?dl=0.

The affidavit is password protected. If you have been verified as a Zipmex user, you can proceed to view and open the affidavit with the same password previously provided. If you have not yet verified your email account as a user, customer, or creditor of any of the Zipmex Companies, please send an email to  [email protected] for a verification check before you will be provided with the password to access the document.If you wish to indicate your support for the Zipmex companies’ moratorium application, please email our solicitors at [email protected] Thank you.

Update On Moratorium Application

12 August 2022

Dear Zipmex customer,

Update on Moratorium Applications in Singapore

We refer to our announcement this morning.

Please be informed that the solicitors of the Zipmex entities in Singapore have filed the following documents with the Singapore Court today:

  • The Applicants’ Joint Written Submissions of even date;
  • The Applicants’ Joint Written Submissions relating to “Substantial Connection to Singapore” of even date;
  • The Applicants’ Joint Bundle of Documents;
  • The Applicants’ Joint Bundle of Authorities; and 
  • A redacted copy of MLS’ letter to the Court of even date. 

Copies of the documents filed can be downloaded at the following link: https://www.dropbox.com/s/zoksqe41fw7f05u/12%20August%202022%20%285.03%20pm%29.zip?dl=0. If you have been verified as a Zipmex user, you can proceed to view and open the affidavit with the same password previously provided. If you have not yet verified your email account as a user, customer, or creditor of any of the Zipmex Companies, please send an email to [email protected] for a verification check before you will be provided with the password to access the document.

If you wish to indicate your support for the Zipmex companies’ moratorium application, please email our solicitors at [email protected]

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.