zipmex: Southeast Asian Cryptocurrency Exchange Zipmex Suspends Withdrawals Due to Crypto Unrest

Cryptocurrency exchange focused on Southeast Asia Zipmex has suspended withdrawals, the company said in a tweet on Wednesday, in the latest sign of stress in the crypto sector.

Zipmex cited “volatile market conditions and the resulting financial difficulties of our key business partners” for the suspension.

Zipmex and its CEO did not immediately respond to requests for comment.

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