, Bitazza's advertisement review process was inadequate. As a result, advertisements published during this period contained contents that could encourage or imply guaranteed returns from investments in

that could encourage or imply guaranteed returns from investments in digital assets, based on inappropriate assumptions or supporting information. In addition, Bitazza did not provide any channels for

on October 31, 2016. SEC Act S.246 Settlement Committee Meeting No. 1/2017 Settlement Committee Order No. 8/2017 Dated 18/01/2017

Act S.246 Settlement Committee Meeting No. 1/2017 Settlement Committee Order No. 9/2017 Dated 18/01/2017

submit the annual registration statement for the year 2015 (Form 56-1) within the specified period. SEC Act S.300 Settlement Committee Meeting No. 1/2017 Settlement Committee Order No. 2/2017 Dated 18

submit the annual report for the year 2015 (Form 56-2) within the specified period. SEC Act S.300 Settlement Committee Meeting No. 1/2017 Settlement Committee Order No. 2/2017 Dated 18/01/2017

failure to prepare and submit the reviewed financial statements for Q1/2016 within the specified period. SEC Act S.300 Settlement Committee Meeting No. 1/2017 Settlement Committee Order No. 4/2017

failure to prepare and submit the reviewed financial statements for Q2/2016 within the specified period. SEC Act S.300 Settlement Committee Meeting No. 1/2017 Settlement Committee Order No. 4/2017

the SET and the SEC Office on May 30, 2016. SEC Act S.56 and 199 Settlement Committee Meeting No. 2/2017 Settlement Committee Order No. 16/2017 Dated 21/02/2017

SET and the SEC Office on May 23, 2016 and May 24, 2016 SEC Act S.56 and 199 Settlement Committee Meeting No. 2/2017 Settlement Committee Order No. 16/2017 Dated 21/02/2017