Sunrise Equity Company Limited Sunrise Equity Company Limited (“Sunrise”) failed to comply with the regulations as specified by the Capital Market Supervisory Board by acquiring ordinary shares of
token named MRC coin, which is a utility token that the underlying rights cannot be readily exercised on the issuance date, to the public without an approval from the SEC Office. The Court of Appeal
coin to a group of people, approximately 70-100 member, through the LINE application, and they also engaged in one-on-one sales. Due to Zii Token coin being classified as a not-ready-to-use utility token
utility token, the aforementioned entities offered the newly issued digital token to the public without approval from the SEC Office. This was not conducted though a digital portal service provider approved
-use utility token, the aforementioned entities offered the newly issued digital token to the public without approval from the SEC Office. This was not conducted though a digital portal service provider
(LANNA) and Thai Agro Energy Public Company Limited (TAE), failed to comply with the regulations as specified by the Capital Market Supervisory Board by assisting or facilitating Sunrise Equity Co., Ltd