‘Zipmex’ is confused following meeting with the SEC, hoping to provide more information but like being interrogated
Mr. Eklarp Yimwilai Chief Executive Officer and co-founder of Zipmex (Thailand) Co., Ltd. (ZIPMEX) revealed that the progress following August 1, the company met with the Securities and Exchange Commission (SEC) to clarify. Additional information regarding the suspension of transactions for Zip-Up Plus products located in Singapore As a result, customers’ assets are stuck in Zip-Up Plus, including the case of Zipmex Singapore’s Moratorium. Initially, the purpose of meeting the SEC is expected to explain the Find a solution for the company’s customers. But the talks are more like being called to investigate.
“At first I thought that we go into discussions with the SEC is to clarify some things that are still not understood, such as filing for a moratorium on debts of Zipmex Singapore or the availability of zip-up plus products, including steps to help customers get their assets back. through a minimum funding of 2,000 million baht, which is a joint solution but the discussion It wasn’t as expected at all. It’s almost like being called in for an investigation instead. Which was shocked by what happened,” said Mr. Eklarp.
Mr. Eklarp said that the SEC revealed that the company May be liable to offenses in 3 cases: 1. Suspension of trading in the trading account without reasonable cause, from the 2 main cases, which are system maintenance or system development to increase security. Because Zipmex is asking for permission to be a digital asset trading center 24 hours a day, 7 days. In particular, Zip-Up Plus products that are linked to money transfers to the parent company in Singapore and 3. May fall under other criminal laws. In addition to the SEC Which has been integrated with other legal agencies such as the Cyber Police, would like to clarify that the 3rd item is that it may be considered an offense under other criminal laws. but a real investment even if there is a problem I’m trying to fix problems to help customers right now.
