The SEC has been notified of a clue for investigation and found that since 25 January 2023 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...

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...

According to the findings of the SEC’s investigation, the four persons, namely (1) Miss Duangkamol Chotana, (2) Miss Nutwara Saengwarin, (3) Mr. Supoth Piansiri, and (4) Mr. Sirichai Chananam – at the time of the misconduct from 2015 to 2017 holding the positions of director and executive of NMG – made a joint decision to approve, order and arrange a recording of false advertising income in the financial statements of NMG.    The evidence in this case has revealed that the NMG’s financial statem...

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 received a tip from an investor that a Facebook account named “Japhoon” (meaning Catching Stocks) may operate business without obtaining a license from SEC. After further investigation of evidence, SEC has found that Artit gave investment advice and solicited the general public to invest in securities and derivatives. In so doing, he used the Japhoon Facebook account as an advertising channel for learning courses on securities and derivatives investment and also used a Line group as a ch...

Bangkok, 16 October 2017 ? The SEC has filed a criminal complaint against Mr. Mitsuji Konoshita, an executive of Group Lease PLC. (GL), with the Department of Special Investigation (DSI) for committing fraud, misappropriating the company's assets and falsifying accounting records by executing concealed transactions through several associated companies abroad to exaggerate the company's operating results.With reference to the annual financial statements for the year 2016 wherein the auditor made...

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...