For Thailand’s market authorities, the Bitcoin's rout has been one of the few tools to cool down the once-unstoppable Jasmine Technology Solution Plc.
The telecom-turned-crypto company has lost more than a third of its value in the past month, cutting its market capitalization to 260 billion baht (US$7.6 billion). That tumble also pared the wealth of its seven biggest individual shareholders, who had enjoyed earlier gains after the firm unveiled a plan in July to expand into Bitcoin mining.
