MRC - BIZ Company Limited MRC - BIZ Company Limited operated digital asset exchange businesses without a license by providing the trading platform of digital token named MRC coin. The Court of Appeal

order or an action which results in the offence that the company operated digital asset exchange businesses without a license. The Court of Appeal adjudicated that the defendant was guilty under Section

a single offense that violates multiple legal provisions. Pursuant to Section 90 of the Criminal Code, the penalty shall be imposed under the provision prescribing the heaviest punishment, namely, the

under Section 17 paragraph one, Section 26, Section 57, Section 66, and Section 94 of the Royal Decree on Digital Asset Businesses B.E. 2561 (2018). The defendant's conduct constituted a single act

Energy Absolute Public Company Limited Energy Absolute Public Company Limited offer to sell newly issued securities in the category of Bill of Exchange without approval from the SEC Office which is

capacity as the bondholders’ representative, failed to maintain the required qualifications of a bondholders’ representative and neglected to notify the Securities and Exchange Commission (“SEC”) of such

ERX Company Limited On April 25, 2025, May 31, 2025 and June 28, 2025, ERX Company Limited ("ERX") as a digital asset exchange, failed to comply with the rules, conditions and procedures as

Ngern Tid Lor Public Company Limited Ngern Tid Lor Public Company Limited offer to sell newly issued securities in the category of Bill of Exchange (B/E) without approval from the SEC Office by

Kannithi Aviation Company Limited Kannithi Aviation Company Limited had duties to prepare and submit 10 results of the bill of exchange sale report to the SEC Office within the period as specified by

course of business and charging fees. Also, there was no evidence indicating that purchase or sale orders were routed through any digital asset exchange. Instead, such activities were conducted outside any