Malaysia Probes Network School Founded by Former Coinbase CTO, Involving Israeli Citizens in Controversial Project

BlockBeats News, July 15th, according to BFM News, the Johor state government in Malaysia has requested the federal government to investigate Network School founded by former Coinbase CTO Balaji Srinivasan, citing allegations that some Israeli citizens used third-country passports to participate in the project.

The Johor state government has requested the Ministry of Home Affairs and relevant law enforcement and security agencies to verify the identities, nationalities, and purposes of entry of the individuals involved, and to investigate whether the operation of Network School needs to be registered or approved in accordance with Malaysian law. At the same time, the authorities will also review whether the project complies with relevant regulations such as site permits, building usage, land use, accommodation operation, and commercial activities. If any illegal activities are found, enforcement action will be taken in accordance with the law.

It is understood that Network School is located in Forest City, Malaysia, founded by Balaji Srinivasan. It is a private residential community built based on his concept of "Network State," with membership fees starting at $1,500 per month, offering accommodation, dining, fitness, and shared office space services.