2,666,666.67 Baht fine. The jail term was suspended for two years. The later, on February 18, 2020, The Appeal Court reversed the judgment of the Criminal Court, not pending for punishment and not fines. The
knowledge on financial, investment, and deposit protection, as well as to raise caution of investment scams. The topics covered deposit protection, the “Three Knows” (Know Oneself, Know Others, Know Own Risks
invest in such products should proceed with extra caution since:(1) The product above has not been screened with regard to its qualifications and smart contracts by SEC-approved ICO portals; (2
(urgent case), effective since 11 March 2019. The SEC views that since IFEC Board of Directors is now eligible to form a quorum, the company should be able to proceed and seek solutions for the pending
after the criminal complaint has been filed. The public and investors should exercise caution when using services from unlicensed digital asset businesses as they will not be protected under the
Srimachand, SEC Deputy Secretary-General, said: “The SEC urges the event organizer to exercise caution when allowing unlicensed business operators to set up booths at the event, including platform service
other related channels, filing complaints with the inquiry officers, and informing the SEC for further publicity.The SEC would like to urge the public to exercise caution when being solicited to make
other laws outside the SEC’s jurisdiction, the SEC will coordinate with relevant authorities to take an appropriate action.The SEC urges the public and investors to exercise caution when using services of
public and investors are advised to exercise caution when using services from digital asset business operators who are not licensed under Thai law or regulated by the SEC as they will not receive legal