The Securities and Exchange Commission of Thailand (SEC) filed a criminal complaint against the former CEO of Zipmex Thailand.
Thailand SEC, which recently ordered Zipmex to suspend its cryptocurrency trading and brokerage services, has now former CEO Akarlap Yimwilai under corruption and fraud filed a criminal complaint.
According to the statement, the SEC found that customer assets held in the Zipmex Z Wallet were transferred to offshore digital wallets prior to an announcement regarding changes to the terms and conditions. Akarlap Yimwilai August 2018 to November 2023 He was the CEO of Zipmex Thailand between .
The SEC also alleged that the reports submitted by Zipmex Thailand were inconsistent with the financial information identified so far.
Therefore, Zipmex Thailand is considered to have committed fraud by making false statements.
The exchange stopped withdrawals in July 2022. Zipmex, to prevent user grievances in Z wallets It announced that it would gradually open crypto money withdrawal transactions, but the process could not be carried out properly.
Zipmex especially 2022 It suffered serious damage in the bear market of 2018 and has recently been dragged into a financially difficult situation. To users of the exchange More than $97 million in debt It is thought to be.