The SEC accused Zipmex Co., Ltd. (Zipmex) Mr. Eklarp Yimwilai (Mr. Eklarp), Chief Executive Officer of Zipmex, to the Technology Crime Investigation Headquarters. The Royal Thai Police (AMC) in case of non-compliance with the order of the competent official under the Digital Assets Act that order to send information to electronic wallets (wallets) used to store customer assets and details about the transfer or withdrawal of digital assets
According to Zipmex, it is suspending its digital asset trading service. Deposit and withdrawal of baht and digital asset withdrawals Due to problems with the program ZipUp+, also known as “Zipup Plus”, which the Securities and Exchange Commission (SEC) is in the process of collecting and verifying facts about Zipmex’s business operations.
from the collection and investigation of the facts as mentioned above The competent official performing duties under Section 51 of the Digital Asset Business Act B.E. Businesses and operations such as electronic wallet data (wallet) used to store customer assets. And details about the transfer or withdrawal of digital assets, but Zipmex and Mr. Eklarp have a circumstance of not delivering such information to the competent official within the specified time. and upon receiving notification from the competent official, only part of the information was submitted, incomplete, including the circumstance of delay in not submitting the information requested by the competent official without a reasonable cause or an unreasonable excuse
Such actions by Zipmex and Mr. Eklarp are considered to be non-compliance with the competent official’s orders. Which is an offense and has a penalty under Section 75 of the Digital Assets Act, the SEC has accused Zipmex and Mr. Eklarp to the ACT, to consider further legal action.
The SEC’s accusation is only the beginning of the criminal law enforcement process. under this process Determining whether a person is an offender is a step in the investigative authority of the investigating officer. Prosecutor’s prosecution order as well as the discretion of the Court of Justice, respectively.
refer : LINK
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