Thai SEC Accuses Zipmex, Former CEO of Falsified Information

July 19, 2024, 11:18 AM UTC

Thailand’s Securities and Exchange Commission filed a complaint against Zipmex Co. Ltd. for providing information that could cause a misunderstanding in trading price of the company’s digital asset.

  • SEC lodged complaint to Economic Crime Suppression Division against company and Zipmex Thailand’s former CEO Akalarp Yimwilai, the market regulator says in a statement Friday
  • Price and trading volume of the Zipmex token, a digital asset, displayed on company’s website weren’t consistent with information presented to investors, general public and the SEC: statement
    • Co. didn’t show transaction price of tokens that were traded at low prices or displayed prices and trading ...



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