Zipmex Halts Withdrawals Amid Rumors of Financial Troubles

Thai crypto exchange Zipmex has indefinitely suspended withdrawals; the exchange tweeted on July 20. According to Zipmex, this pause is due to “a combination of circumstances beyond our control.” Specifically, the exchange mentioned volatile market conditions, which it claims have caused some of its key business partners financial difficulties. According to the tweet, Zipmex decided to suspend withdrawals to maintain its platform’s integrity. [embed]https://twitter.com/zipmex/status/1549699440302166016[/embed] This news comes after Cointelegraph reported that the exchange might be facing financial difficulties. The crypto…