Bangkok, 14 January 2019 ? The SEC announced that the Ministry of Finance, under the recommendation of the SEC Board, had denied a digital asset business licence for Coin Asset Co., Ltd.Earlier

Exchange of Thailand (SET) and the SEC's further investigation, Sarath, TOG Vice President, Business Planning and Finance, had access to the information that the net profit of the company had increased

Saroj submitted securities trading orders before notifying a client and caused such client to suffer loss. In addition, most trading transactions had no source of orders. Acting Sub-lieutenant Saroj

of Directors had found that the liabilities incurred from the B/E issuance in the fourth quarter of 2015 did not appear in the company's financial statements. Such circumstance caused KC financial

parties shared similarility in their names and place of headquarters and also jointly worked on the same project. This counterparty had overdue payments as well as continuous and accumulated losses. In case

SEC?s further investigation has revealed that while working at Globlex, {A} made trading orders for the securities and derivatives accounts of her clients who had given their usernames and passwords to

his possession at the time were free from any encumbrance. It has, however, turned out that neither the assets such former executive had claimed for have been pledged as collaterals with NIPPON nor is

derivatives trading orders to make up the record of receiving those orders.  In addition, Napat had been authorized by a client to make securities trading decisions and he confirmed the trading transactions to

admitted that the client, at the beginning, had authorized him to make securities and derivatives trading decisions on her behalf. Also, the recorded conversation found later indicated that the client

., Ltd. (K-Asset) and SCB Asset Management Co., Ltd. (SCBAM), as well as the equity funds managed by both companies.  Evidence indicated that she had performed her duty dishonestly in order to obtain