agreed to or colluded with five other persons to use several trading accounts to trade YCI shares in concealment and on a continuous basis to mislead the public into believing that YCI shares were traded

in BM trading orders in a manner consistent with price manipulation. These activities occurred in different time periods. The investigation also revealed no detectable connection between the two groups

trading Company Limited without proper licenses granted violating Section 16 of the Derivatives Act B.E.2546. In addition, the operation constituted public frauds contravening Section 343 and 83 of the

TikTok account “cj_trading_futures_” impersonates “Carabao Group Plc.” : Unlicensed securities and derivatives business (Disclosure Date : 24/09/2024)

TikTok account ?hsh_trading? impersonates ?HUA SENG HENG Co., Ltd.? : Unlicensed securities and derivatives business (Disclosure Date : 15/11/2024)

TikTok account ?usd_trading? impersonates ?HUA SENG HENG Co., Ltd.? : Unlicensed securities and derivatives business (Disclosure Date : 15/11/2024)

TikTok account "arr_gold_trading" impersonates "Aurora Design Plc." : Unlicensed securities and derivatives business (Disclosure Date : 18/11/2024)

TikTok account "trading_online_th" impersonates "Pluk Phak Praw Rak Mae Plc." : Unlicensed securities and derivatives business (Disclosure Date : 26/12/2024)

mentioned above – having business relationships and/or direct personal relationships or connection through related persons – collaborated and sent trading orders of shares of Nation Multimedia Group Public

According to referrals from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, it was revealed that 14 individuals had engaged in THE trading orders in a manner consistent with