Malaysia's Johor state revokes Network School's license, full closure effective July 22Odaily Planet Daily News The Johor state government of Malaysia has officially revoked the business license of Network School, a digital nomad community founded by former Coinbase CTO and investor Balaji Srinivasan, requiring the institution to cease all operations in Forest City starting July 22.
Previously, the project was reported on social media platforms for allegedly assisting Israeli citizens in entering Malaysia and was subjected to a special investigation. The immigration department verified that all relevant individuals held compliant and valid travel documents. The state government stated that the decision to revoke the license was based on a comprehensive review of on-site inspection reports, enforcement records, and the company's own statements. (Reuters)
Odaily Planet Daily News The Johor state government of Malaysia has officially revoked the business license of Network School, a digital nomad community founded by former Coinbase CTO and investor Balaji Srinivasan, requiring the institution to cease all operations in Forest City starting July 22.
Previously, the project was reported on social media platforms for allegedly assisting Israeli citizens in entering Malaysia and was subjected to a special investigation. The immigration department verified that all relevant individuals held compliant and valid travel documents. The state government stated that the decision to revoke the license was based on a comprehensive review of on-site inspection reports, enforcement records, and the company's own statements. (Reuters)
Odaily星球日报讯 马来西亚柔佛州政府正式吊销前 Coinbase CTO、投资人 Balaji Srinivasan 创办的数字游民社区 Network School 营业执照，要求该机构自 7 月 22 日起停止 Forest City 的全部经营业务。
该项目此前在社交平台遭举报涉嫌协助以色列公民入境马来西亚并接受专项调查，移民部门核查确认相关人员均持有合规有效旅行证件。州政府称，本次吊销执照的决定综合现场检查报告、执法记录以及企业陈述多方依据作出。（路透社）
