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Bangkok Post
Bangkok Post
Business

Zipmex seeks to discuss fines with SEC

Zipmex Thailand chief executive Mr Akalarp faces fines of 5.82 million baht, while Zipmex Thailand was fined 5.156 million baht.

Zipmex, the embattled cryptocurrency exchange, has arranged to discuss fines of nearly 11 million baht imposed on the company and its chief executive by the Securities and Exchange Commission (SEC), saying talks with potential new investors are ongoing.

Zipmex Thailand chief executive Akalarp Yimwilai said on Tuesday the company is awaiting an official letter from the SEC after the regulator announced the fines on its website.

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