Embattled crypto exchange Zipmex close to being bought by Thai F&B scion

Embattled crypto exchange Zipmex close to being bought by Thai F&B scion

L-R: Chalermchai Mahagitsiri, CEO of TTA and Thailand's 16th-wealthiest person Prayudh Mahagitsiri, known locally as coffee king, who is sitting on an accumulative wealth of $1.95 billion

Embattled crypto platform Zipmex Thailand is said to be in advanced talks for a buyout deal with V Ventures, the venture capital arm of Thai coffee scion Chalermchai Mahagitsiri, per a source familiar with the information.