Debt-laden crypto exchange Zipmex's losses jumped over 400% in 2021

Debt-laden crypto exchange Zipmex's losses jumped over 400% in 2021

Embattled digital assets exchange Zipmex, whose restructuring plan was approved by a Singapore court last week, reported losses of S$23.75 million ($17.77 million) on the back of significantly higher expenses during the financial year ended December 31, 2021, a recent regulatory filing shows. 

Edited by: Joymitra Rai

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