Crypto exchange Zipmex probed by Thai SEC amid buyout.
According to the Thai SEC, Zipmex has until Jan. 12 to clarify whether it has been functioning as a "digital-asset fund manager without permission" in Thailand. If true, the firm would have needed to obtain a permit prior to conducting business in the country.
Zipmex is currently in the process of being acquired by V Ventures, a subsidiary of Thoresen Thai Agencies Pcl, for around $100 million.