Showing 1 - 10 of 13
Binance founder gets 4 months in US prison
Published on 01/05/2024
» SEATTLE - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange.
Singapore jails money launderer for 13 months
Published on 02/04/2024
» SINGAPORE - The first person to plead guilty in the biggest money-laundering case in the history of Singapore has been sentenced to 13 months in jail.
Court rejects claim of bitcoin ‘inventor’
Published on 14/03/2024
» LONDON - An Australian computer scientist who claims he invented bitcoin is not the pseudonymous inventor of the cryptocurrency, a judge at London’s High Court ruled on Thursday.
Penalties implored for data breaches
Business, Suchit Leesa-nguansuk, Published on 16/02/2024
» State agencies have vowed to tighten measures to tackle personal data leaks, promising heavier penalties and beginning on-site audits next month of 85 organisations that have 100,000 personal datasets or more.
What happens next after China Evergrande ordered to liquidate
Reuters, Published on 29/01/2024
» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.
Business rehabilitation in Thailand and debt repayment
Published on 12/12/2023
» Thailand's economy in recent years has felt the impact of a seemingly endless list of challenges, such as the COVID-19 pandemic, global economic recession, repercussions from wars and armed conflicts, slumping exports, and recurring internal political turmoil. Many Thai companies simply went bankrupt during this time, but many others have gone through the process of business rehabilitation as laid out in Thailand's Bankruptcy Act.
Singapore bank sues money laundering suspect for $15 million
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.
TCG Social Media files lawsuit against JKN Global
Business, Nareerat Wiriyapong, Published on 25/11/2023
» TCG Social Media Group, a gold-backed cryptocurrency platform, has filed a lawsuit against JKN Global Group demanding the owner of the Miss Universe Organization pay 1 billion baht in damages, as well as additional charges for asset embezzlement.
Crypto platform TCG sues Miss Universe owner JKN over coin scam
Nareerat Wiriyapong, Published on 24/11/2023
» TCG Social Media Group, the gold-backed cryptocurrency platform, has filed a lawsuit against JKN Global Group (JKN), demanding the owner of the Miss Universe Organization pay 1 billion baht in damages, as well as additional charges of asset embezzlement.
Creditors file in court for PDITL rehabilitation
Business, Nareerat Wiriyapong, Published on 26/10/2023
» Four financial creditors of Phelps Dodge International (Thailand) (PDITL), a subsidiary of the scandal-plagued, SET-listed Stark Corporation, have jointly filed for the rehabilitation of Stark's cable-making unit to the Central Bankruptcy Court, according to the company's filing to the Stock Exchange of Thailand (SET).