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

The Johor state government of Malaysia has decided to revoke the business license of NS0 Malaysia Sdn. Bhd. (Network School), located in Forest City, requiring it to cease all activities starting from July 22, 2026. This decision was made based on due process and relevant legal provisions, following a comprehensive review of law enforcement inspection reports, investigation results, and the company's statements. Network School has attracted attention due to allegations on social media, with some netizens claiming that the project accepted participants from Israel, while Malaysia does not have diplomatic relations with Israel.

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