The SEC has been notified of a clue for investigation and found that since 25 January 2022 Bybit as a website service provider, namely Bybit.com (https://www.bybit.com), has rendered a service for arranging a trading system to facilitate digital asset trading with a fee collected at the rate of 0.1 percent of the customer’s trading value, had solicitation and advertisement in the Thai language to solicit a use of Bybit’s service via Website: Bybit, Facebook Page named “Bybit Thai”, Telegram name...
Based on a third-party report and the SEC’s further investigation, it has been found that in 2017 Mr. Chiyachantana (Chairman and Chief Executive Officer of WORLD at the time of the offense) dishonestly diverted company assets to himself or a third party and sought unlawful gains for himself or others, causing damage to WORLD at the total amount of 30 million baht. Ms. Hongsri rendered assistance or facilitation for Mr. Chiyachantana in committing the offense. The case was related to the selling...
According to the SEC’s findings, CoinEx platform provided services as a digital asset exchange to facilitate trading and exchange of digital assets for a fee. It also solicited and advertised CoinEx services in Thailand using Thai language via social media such as Facebook and Twitter (currently named X), Medium and Telegram. In this regard, Puttipong presented himself as partner of CoinEx Thailand and the person in charge of CoinEx booth at Thailand Crypto Expo 2022 held at the Bangkok In...
Previously, the SEC filed a criminal complaint against a group of 18 persons as joint principals in the case of jointly manipulating the price or trading volume of MORE share on 10 November 2022, which misled the public regarding the price or trading volume of MORE share. Their actions constituted a violation of Section 244/3 (1) in conjunction with the presumption under Section 244/5 and Section 244/6 (as the case may be) of the Securities and Exchange Act B.E. 2535 (1992) (SEA) in conjunction...
The four persons under the criminal complaint were: (1) {A}, then {X1} Vice President, Vice Executive President, Chief Executive Officer and Managing Director, (2) {B}, then {X1} Executive Director, Deputy Chief Executive Officer - General Administration and Company Secretary, (3) {C}, and (4) {D}. The complaint was imposed on the ground of their collaboration in committing malpractice that caused damage to {X1}.In this regard, the four persons jointly arranged for {X1} to buy a land and a...
SEC has alleged that the former directors of Adamas Incorporation Public Company Limited (ADAM) and others, a total of eight persons, namely (1) Mr. Boonpiam Eamroongroj (Chairman of ADAM at the time of committing the offense); (2) Mr. Chinnavat Chinsangaram (a director of ADAM at the time of committing the offense); (3) Mr. Sarawut Phumthavorn (an independent director and member of the Audit Committee of ADAM at the time of committing the offense), and a group of five other persons, na...
With the case referral from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, it was found that the four offenders, namely (1) Mr. Win Udomrachtavanich, (2) Mr. Ratachai Teratanavat, (3) Mr. Vijchu Chantatab, and (4) Mrs. Shanya Pengpunpat had collusively manipulated share price and/or trading volume of the Market for Alternative Investment (mai)-listed TIGER between 24-29 October 2018 and on 13 November 2018 (five business days in total). According to the investigation,...
Bangkok, December 27, 2010 - The SEC filed a criminal complaint with the Economic Crime Division (ECD) of the Royal Thai Police against Q-Me Co., Ltd., TMB Leasing Co., Ltd. and six associated persons, namely, (1) Sansaruti Chanchai (or Deaw or Sirawich Hemmarach or Somneug Posri), (2) Pinij Ratanacharurat, (3) Chairat Chantapakdee, (4) Adisak Dangkomen, (5) Praweena Sodawong, and (6) Warakom Homtuanlom, for operating derivatives business (gold future agent) without license and defrauding the pu...
Bangkok, November 10, 2010 ? The SEC has filed a criminal complaint with the Department of Special Investigation against Numkrit Jeraputtiruk, former executive of UBS Securities (Thailand) Limited (UBS), for taking unlawful gains for himself or others at the expense of UBS?s clients. The complaint also alleged six other persons for aiding and abetting Numkrit?s commission of misconduct, namely (1) Pawaris Phatwongsathon, (2) Meena Kamphaengkaew, (3) Patara Thumrongvit, (4) Chalalai Saliwattana,...
Bangkok, October 6, 2015 ? The SEC filed a criminal complaint against Penkae Katekaew and Tan Lethi with the Department of Special Investigation (DSI) for collusively seeking unlawful gain causing damage to Bliss-Tel Public Company Limited (BLISS). The SEC found that Penkae and Tan, then holding position as BLISS investment board members having power to make securities investment decision and approval on behalf of the company, had collusively sought unlawful gain causing damage to BLISS. They de...