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TechFlow news, according to Bloomberg citing sources familiar with the matter, cryptocurrency exchange Zipmex initially proposed repaying creditors at a rate of 3.35 cents per dollar as part of its latest restructuring proposal.
According to sources citing Bloomberg News, court documents show that Zipmex revised its $97 million debt restructuring plan as of October 4, potentially increasing the repayment amount to 29.35 cents on the dollar.
Cryptocurrency exchange Zipmex initially proposed repaying creditors at a rate of 3.35 cents per dollar as part of its latest restructuring proposal. According to court documents cited by Bloomberg News, citing people familiar with the matter, Zipmex revised its $97 million debt restructuring plan as of October 4, potentially increasing the repayment amount to 29.35 cents.
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