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Malaysia's Johor State Revokes Business License of Network School Founded by Former Coinbase CTO

6 hours ago

According to a Reuters report, the Chief Minister of Malaysia’s Johor state said on Tuesday that the Johor state government has taken note of and fully supports the decision made by a special meeting of the municipal council: to revoke the business license of NS0 Malaysia Sdn. Bhd. (Network School) located in Forest City, and order it to cease all operations with effect from July 22, 2026. He added that the decision was made in accordance with due process and relevant laws, following a comprehensive review of law enforcement inspection reports, investigation findings, and the company’s submitted representations. Network School had previously drawn widespread attention over allegations on social media, with some netizens claiming the project had received participants from Israel, a country with which Malaysia does not maintain diplomatic relations.

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