Teacher Tam Phiriya Samphantharak Bitcoin The famous Thai Maximalist that everyone in the crypto industry knows best has come out.postThrough private Facebook regarding the issue that many people ask questions to ask teachers regarding the subject of Zipmex that are being discussed in the Thai crypto community.
In detail, the professor explained various issues divided into 5 points that will clarify and answer questions for investors to have a better understanding.
1.Zipmex is a scam to secretly invest customer money without permission from the SEC or not?
- For this point, I think no, because moving money into Zwallet, the website informs before activating Zwallet that the money in Zwallet will be in Zipmex Global, which the activator must agree to before using it.
1.1 Who will read it? Remind me once, everyone presses the opposite button, so are they fooling each other?!?
- On this point, I think that everyone is responsible for their own money. Saying you don’t know because you haven’t read It doesn’t sound right, but we still question whether
- Does the warning describe the risks well enough?
- Should be warned every time to transfer from a trade wallet to zwallet?
- Should there be a procedure that clearly shows that money is leaving zipmex Thailand or not?
- Should the SEC be the one asking these questions?
- The SEC doesn’t really know whether these services are available or not? (From Mr. Earth washed yesterday) I think these questions are fair. But many of these questions may be too late to ask now.
2. Zipmex stole all the customer money?
- Continuing from the previous item We must first understand the problem of what happened. The funds contained in the zwallet, the client receives interest on deposits at different rates depending on the coin, which zipmex has a way of earning these returns. Previously, I did not know the details of where it came from. But when I guessed that it was probably from a custodial lending platform like Celcius or BlockFi, when it came up I learned that ZM had placed money on Babel/Celcius, which had bankruptcy. Therefore, the deposited money is also damaged.
Understanding this, it can be seen that it is a result of the Default Risk or the risk of default. And if it is true as said, it can be seen as the damage caused by mismanagement of risks.
- continuous question
- So how does Zipmex manage the risk of making such a mistake? for this question It has to be understood that Babel Celcius itself is a long-standing fund and lending platform provider and has seemed to be a way of earning the lowest-risk interest for many years. Continue depositing with these services It is to reduce the risk of taking money to lend in a B2B manner or to interfere with DeFi On my own, I see it as a rather unsettling risk, but to do it, it’s the least risky way, because honestly, no one knows that these companies will put so much money into the UST that they will go bankrupt. together
But when I realized that these institutions had problems Why not hurry Why are customers still encouraged to transfer money to zwallet? This, personally, I think is a matter of the system of work. The marketing department should just do their job without knowing the problem. But this is a question that I think is worth asking. How is the money that went into following Celcius went bankrupt and Babael Insolvent was handled? I think the victim should be aware of this.
3. Zipmex guarantees profits as a good pyramid scheme?
- For this, it must be said that Interest is not fixed, it is adjusted according to market conditions. I have been using this service for many years and have looked at the interest rates on different coins to see if they are in the market or not. It was found that there were up and down accordingly. to assume that the money should be invested in those services Where do services like Celcius Blockfi Babel get their money from? You have to go see it over there. Whether taking money from new customers to pay old or from B2B lending as I said? (The truth emerged when Terra USD broke that at least over the past year, they raised their money from the DeFi world, not B2B lending.)
4. But it looks like cheating intent?
This is the part that tells me that don’t be too quick to draw conclusions. We do not know outside At least I don’t know In this world there is such a thing as an innocent mistake. That doesn’t mean everyone has to be bad and try to cheat us when we lose money. We do not link things to a conclusion that is intentional. There are many possible explanations in this world. And the most boring explanations are almost always the ones that actually happen. But we only like explanations that are more relevant to us.
Until there is more evidence, I still see this as a mistake in risk management and damage. which it can happen be impartial If it’s anything more, let’s talk regarding it once more in the future.
5. Do you think teachers are particularly interested in this matter? Is anything up?
- I’m not particularly interested. I’m in my own right, there’s a lot of work. I want to play the game but people ask Many people asked, I answered as many times as I knew. Every time I try to clarify as far as I know.
In the end, I still emphasize the same. that in the part that went wrong, they will gradually work together to find the answer. Zipmex is responsible for the damage. explain to the victim And trying to find a refund of the victim, the SEC itself has to answer social questions in the part of the supervision that there is no review and questioning of such services at all the injured We should take this incident as a lesson in counterparty risk that can happen at any time when we have intermediaries. No matter who you are, not your keys, not your coins.
I want to clarify because of the reasons mentioned above. Because the media portrayed me as a bombardment of Zipmex. I just want everyone to think around and ask more questions to the point. please everyone be sensible Analyze the data on the facts and let this matter be resolved well because the money in the zwallet is the money of many savings people. It was especially painful.
Of course, the questions that the professors answered were quite comprehensive and clarified many who asked them, but the issues the professors answered might give a better understanding of the problems Zipmex is facing.
