Bitcoin ETF

Zipmex

Thailand’s Securities and Exchange Commission (SEC) has charged former Zipmex CEO Akalarp Yimwilai with fraud for allegedly misleading customers with information related to the use of their digital assets.
In a Feb. 8 statement, the Thai SEC <a href="https://www.sec.or.th/TH/Pages/News_Detail.aspx?SECID=10537" target="_blank" rel="noopener nofollow">said</a>&nbsp;that during his time as CEO of Zipmex Thailand, Akalarp presented false statements regarding assets in user Z Wallets being transferred to crypto wallets abroad. According to the SEC, this discrepancy with Zipmex’s terms and conditions amounted to “corruption and deception” by concealing information from customers. 
The regulator referred a complaint on Akalarp’s alleged actions to Thailand’s Office of the Provincial Crime Suppression Division for possible legal action. Zipmex Thailand was implicated for similar allegations of fraud over reports of customer assets inconsistent with the SEC’s investigation.
Related: <a href="https://cointelegraph.com/news/binance-thailand-general-public-launch-compete-incumbent">Binance Thailand’s public launch to compete with incumbent Bitkub</a>
According to his LinkedIn profile, Akalarp <a href="https://www.linkedin.com/in/akalarp-yimwilai-14859266/" target="_blank" rel="noopener nofollow">was</a> the CEO of Zipmex Thailand from August 2018 to November 2023. He was also a legal counsel and political correspondent with the government of Thailand for eight years.
Zipmex Thailand, the local arm of Singapore-based crypto exchange Zipmex, reportedly <a href="https://cointelegraph.com/news/crypto-exchange-zipmex-probed-by-thai-sec-amid-buyout">faced a probe</a> by financial regulators over its acquisition by V Ventures in 2023. On Feb. 2, the Thai SEC <a href="https://cointelegraph.com/news/thai-sec-zipmex-suspend-services">ordered Zipmex to suspend</a> its digital asset trading and brokerage services temporarily, giving the firm 15 days to comply with regulatory guidelines.
Asia Express: <a href="https://cointelegraph.com/magazine/hong-kong-bitcoin-etf-fomo-thailand-14b-airdrop-asia-express/">Hong Kong Bitcoin ETF FOMO, Thailand approves $14B airdrop</a>

Thai SEC files charges against former Zipmex CEO for ‘corruption and deception’

Cointelegraph

2024년 2월 8일에 게재된 다른 기사

Despite ban on crypto trading, Ethiopia is now home to Chinese Bitcoin mining companies

Oil Prices Rise Amid Conflicts in the Middle East, Brent Crude at $80

India’s Reserve Bank looking to introduce offline CBDC functionality for remote areas

Hong Kong Government Initiates Public Consultation on Stricter Regulations for OTC Crypto Trades

Experts Spot Exciting Price Trends Ahead For BONK, Avalanche (AVAX), And Rebel Satoshi

Ripple Lawyer Stuart Alderoty exposes SEC and Yellen’s crypto regulatory clash

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!