Zipmex case progress! Royal Thai Police – SEC – AMLO joins the Zipmex case in brief, indicating that there is indeed a crime. A fine of 10.98 million baht was imposed on the basic company for defrauding the public in several categories and the ex-CEO ‘Dr. Ekalab’ was ordered and referred to the DSI for consideration as a special case.
Today, 20 December 2023, Pol. Lt. Gen. Tatsai Bitanilabutr, Assistant Police Commander, Pol. Lt. Gen. Worawat Watanakornpancha, Commander-in-Chief of the Royal Thai Army, Pol. Major General Suat Sangnum, Deputy Commander of the Royal Thai Armed Forces, Pol. Major General Suzak Jadenit, Commander-in-Chief of the Royal Thai Armed Forces. .STI Deputy Secretary-General of the Office of the Securities and Exchange Commission (SEC) Ms. Somkwan Gongsakul, Assistant Secretary-General for Financial Innovation and Digital Technology Ms. Nopanuanpan Bawasan, SEC, Mr. Anti-Money Laundering Office (AMLO) and Director of AMLO Supervision and Inspection Unit to prevent and suppress money laundering Mr. Beerathorn Vimolokorn jointly held a press conference.
If a large number of people are harmed, they will contact Chipmex Company Limited and Mr. Ekalab Yimvilai, the CEO, was found guilty of defrauding the public by the SEC in 2018 when Zipmex received permission to provide digital asset trading services.
But by late 2020, ZipUp and ZipUp+ services will provide digital asset deposit services and income on digital assets from customers invited to deposit digital assets with ZipMax. Clients who have invested abroad to invest in companies operating digital asset businesses. But the loss was so much that the customers could not be refunded.
Zipmex announced that it will suspend the withdrawal of bot and digital assets from “ZipUp” or “Z Wallet” until July 20, 2022, causing damage to investors. Later, the SEC conducted an investigation and ordered Zipmex to submit all information. Related businesses and activities, but Zipmex Company has not submitted such information within the specified period. But when the notice came from the officer, only partial information was submitted. It was not complete. Therefore, a complaint was lodged with the investigating officer.
If Zipmex does not comply with the orders of the authorities under the authority of Section 51, it is an offense under Section 75 of the Digital Assets Commerce Act 2018 and the following charges are involved. Zipmax Company Limited and Mr. Companies like Eckelerb were fined a total of 10,977,000 million baht for related offenses under the Digital Assets Business Act BE 2018.
The Royal Thai Police has therefore appointed a team of Investigating Officers to investigate the said case vide letter dated 12th July 2023 vide No. There was decree 411/2023. In addition to collecting relevant evidence, 485 victims were interviewed (20,210 sheets of witness documents), with a total damage value of approximately 900 million baht (some additional victims are expected to come forward to file complaints).
The investigation team conducted an investigation and found the activities of Zipmex to be a criminal offense of “collectively borrowing money to deceive the public, an offense under sections 4, 5, 12, 15 of the Act of 1984 and section 75 of the Ordinance. Conducting digital asset business BE 2018 Other related offenses include the offense of “combining to defraud the public”.
In addition, the case involved complex financial transactions that required the collection and analysis of a large amount of evidence. It has a victim count of three hundred or more or a total loan amount of one hundred million baht or more is classified as a special case so the Special Case Investigation Act 2004 sent a letter to send the investigation file to the Special Case Investigation Department. Consider accepting it as a special case. As per regulations and laws.
Victims can follow their movements on a Facebook group and report them. https://www.facebook.com/groups/363499915906221/?ref=share&mibextid=adzO7l
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