Unobtanium

The Securities and Exchange Commission, or SEC, is warning investors to withdraw or transfer their assets out of the Holdstation and UNO applications, which are not authorised to conduct digital asset business, before the Ministry of Digital Economy and Society blocks access to both platforms on 1 October 2026. On 1 September 2026, the SEC submitted information on the access channels related to both applications to the Ministry of Digital Affairs. The blocking is in line with the Emergency Decree on Measures to Prevent and Suppress Technology Crimes, No. 2, B.E. 2568, which took effect on 13 April 2025 and empowers the Ministry of Digital Affairs to order the blocking of access to unauthorised digital asset trading platforms. The SEC also warns the public to exercise caution when using services with unauthorised digital asset business operators, and to check the list at Investor Alert and verify licensed operators at the website www.sec.or.th and the SEC Check First application, or report suspicious leads to the Complaint and Tip-off Centre on 1207, as well as the SEC Facebook page and SEC Live Chat.

The Securities and Exchange Commission (SEC) has filed charges against six individuals and entities involved with the Holdstation and UNO applications with the Economic Crime Suppression Division (ECD) for operating an unauthorized digital asset brokerage business. It has also notified the Ministry of Digital Economy and Society (DE Ministry) to block access to these platforms starting October 1, 2026. The accused include Mr. Hoai Nam, Mr. Trung Banh, Mr. Trung Huynh, Mr. John Palmer, Tools for Humanity Corporation (TFH), and Mr. Alex Blania. TFH is accused of aiding or facilitating UNO in conducting unauthorized business, and Mr. Alex Blania, as CEO of TFH, is held liable under Section 94 of the Digital Asset Decree. The SEC warns investors using Holdstation and UNO to manage their assets before the block takes effect and to verify the list of licensed operators via SEC Check First.