Thailand: Public Lawsuit Against Zipmex for Alleged Violations of the Digital Asset Act
Progress
Current status
under deliberation
19 Jul 2024 under deliberation
Scope
Implementers
Thailand
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Filed Public Lawsuit Against Zipmex for Alleged Violations of the Digital Asset Act
On July 19, 2024, the Securities and Exchange Commission (SEC) filed a lawsuit against the cryptocurrency exchange Zipmex. The SEC alleges that Zipmex provided misleading information about the trading price and volume of the Zipmex Token (ZMT) on it…
SourceEvent type
public lawsuit
Action type
announcement
Government branch
executive
Government body
other regulatory body