According to the source, the Total Communication Group Company has extended an invitation to the media for a Press Conference scheduled for today, November 24, 2023, at 11:00 am at the Emerald Ratchada Hotel. The focus of the conference will be the announcement of a forthcoming legal action against JKN Global Group, the proprietor of the Miss Universe organization.
TCG Social Media Group Co., Ltd. (TCG) initiated a lawsuit valued at $3 million (100 million Baht) in the Criminal Court against JKN Global Media Public Company Limited and Ann Chakkraphong Chakra Jutathip, Chief Executive Officer last On September 25, 2023, The basis for this legal action stems from allegations of disseminating FALSE INFORMATION, specifically claiming that The Miss Universe Organization and JKN Global Group had no affiliation or involvement in the Miss Universe cryptocurrency known as ‘Miss Universe Coin.’ This cryptocurrency was introduced during the Philippine Blockchain Week. The trial for this lawsuit is scheduled to commence on December 18, 2023.
Presently, TCG Social Media Group Co., Ltd. is gearing up to file another lawsuit today, amounting to $28.3 million (1 billion Baht), targeting the same def.
In the $28.3 million lawsuit, TCG needs to present evidence proving the guilt of the JKN Global Group regarding the allegations of damages and embezzlement. This is a tough battle, requiring TCG to substantiate its claims in court.
The primary basis of the lawsuit is the attack on their reputation and the intrigue in their business due to the alleged false statements made by the JKN Global Group. Under Thai laws, attacks on reputation and intrigue can be grounds for damages and embezzlement cases.
In response to the case, Ann Chakkraphong Chakra Jutathip, CEO of JKN Global Group, issued a statement denying any wrongdoing by their company. According to her, the allegations by TCG have no basis. If you recall, Ann Chakkraphong Chakra Jutathip, Chief Executive Officer of Miss Universe, declared bankruptcy before the Miss Universe Pageant
This second lawsuit is expected to create significant tension in the media and entertainment industry in Thailand and may have profound implications not only for the involved companies but also for the pageant and cryptocurrency industry.