Update: Zipmex has started to gradually return all 5 coins to customers damaged by ZipUp cases.

After the incident, Zipmex Thailand closed the withdrawal of assets from Z Wallet, a product that deposits customers’ coins in order to generate profit and return APY to customers who use this service. Which is an international service, which is Zipmex Asia, but due to the collapse and various market problems that occur, Zipmex Aisa’s partners, Celsius and Babel, have to face liquidity problems. As a result, people who deposit coins in ZipUp will not be able to deposit and withdraw for a period of time.

After the incident, Zipmex Thailand was not calm. Announcements have been made through the Facebook page almost every day. Affected customers have been following the situation continuously, but some people who can’t stand it have raided the SEC office. In The moment when Zipmex tried to fix that problem. There have been many ways to deal with problems such as negotiations with trading partners. until the sale of the company

Which coins have been returned?

Recently, the situation seems to have improved. Because the Facebook page of Zipmex Thailand has updated the situation of returning coins to customers. So far, there are a total of 5 coins that will be returned. There are both that have already begun to return. and are gradually returning What will be the coins? You can see from the list below.

  1. Solana (SOL) Was credited into the client’s Trade Wallet on August 2, 2022.
  2. Ripple (XRP) Was credited into the client’s Trade Wallet on August 4, 2022.
  3. Cardano (ADA) Was credited into the client’s Trade Wallet on August 9, 2022.
  4. Bitcoin (BTC) will be credited gradually into the customer’s wallet on 11 and 16 August 2022
  5. Ethereum (ETH) Will be credited to the customer’s wallet on 11 and 16 August 2022 just like Bitcoin.

As for other coins, Zipmex Thailand hasn’t announced when the coins will be released back. Have the coins been transferred? Other coins are expected to follow soon, and you can follow more details and stay up to date with Zipmex at our page. Zipmex Philippines

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