Malaysia's Johor State Revokes Business License of Network School Founded by Balaji Srinivasan

TechFlow news, July 21, according to Reuters, the Johor state government of Malaysia has revoked the business license of the digital nomad community Network School, founded by American investor and former Coinbase CTO Balaji Srinivasan, and required it to cease all operations in Forest City starting July 22. The project was previously investigated following accusations on social media that it assisted Israeli citizens in entering Malaysia, but the immigration department stated after inspection that the relevant members held valid travel documents. The Johor state government stated that the decision to revoke the license was made based on inspection reports, law enforcement results, and company statements.