Tuesday, October 20, 2020

Public warned on  investing in HashBX 

Mar 07. 2019
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By The Nation

The Securities and Exchange Commission of Thailand (SEC) is advising the public to be cautious about any solicitation related to investment in HashBX Global Co Ltd. 


With reference to the news of persons reporting to the police regarding their investment with HashBX, the SEC has received complaints from the investors and found additional information. The SEC is gathering more facts in this matter and coordinating with relevant agencies to consider whether any act is subject to supervision under the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) or other laws enforced by the SEC. In the meantime, investors are strongly advised to be careful with any solicitation to invest with the company because HashBX has not obtained an approval to operate a digital asset business from the Ministry of Finance, nor has it ever filed an application for an initial coin offering (ICO) with the SEC, according to the SEC release yesterday. 

 The interested public should be aware of possible risks involved in digital asset investment and contact a licensed digital asset business operator only in case of deciding to invest in digital assets. It should be noted that so far no ICO issuer has been approved, and no application or a registration statement has been filed with the SEC. In case of tips of suspicious acts, please call SEC Help Centre at 1207 for further investigation in due course.


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