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📰 Singapore cryptocurrency exchange ZipMex (ZMT), which sought corporate rehabilitation and received creditor protection a year ago, has reportedly taken legal action against the court and submitted a debt restructuring plan. The plan includes an initial repayment of about 3.35 cents per dollar of debt, with potential additional adjustments up to 29.35 cents per dollar. A private creditor vote is scheduled for early December. 💼💰 #ZipMex #CryptocurrencyExchange #DebtRestructuring

📰 Singapore cryptocurrency exchange ZipMex (ZMT), which sought corporate rehabilitation and received creditor protection a year ago, has reportedly taken legal action against the court and submitted a debt restructuring plan. The plan includes an initial repayment of about 3.35 cents per dollar of debt, with potential additional adjustments up to 29.35 cents per dollar. A private creditor vote is scheduled for early December. 💼💰 #ZipMex #CryptocurrencyExchange #DebtRestructuring

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