Update on Moratorium Applications

August 01, 2022

Dear Zipmex customer,

Update on Moratorium Applications in Singapore

We refer to our announcements dated 27 July 2022 and 29 July 2022.

Pursuant to the Court’s directions, our solicitors in Singapore had earlier today effected the filing of the 2nd Affidavit of Marcus Lim, the Group’s CEO, in HC/OA 383/2022. Mr Lim had also commissioned his earlier draft affidavits and these have been filed today as well.

Copies of the six affidavits filed today have been made available to verified creditors from the following Dropbox link – https://www.dropbox.com/s/0kebdqpo6nki0yu/1%20August.zip?dl=0.

If you are a creditor that has already been verified pursuant to the process set out in our announcement of 29 July 2022, you can proceed to view and open the affidavits 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 documents.If you have any queries on the moratorium or would like to express your support for the Zipmex Group’s moratorium and restructuring plans, please feel free to email our solicitors at [email protected].

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Cryptocurrency and digital token involve high risks; investors may lose all investment money and should study information carefully and make investments according to own risk profile.

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.