BlockBeats report, July 15: 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, following allegations that some Israeli citizens participated in the project using passports from third countries.
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 Network School’s operations require registration or approval under Malaysian law. Additionally, authorities will review whether the project complies with regulations regarding venue permits, building usage, land use, accommodation operations, and commercial activities, and will take legal action if any violations are found.
Network School, located in Forest City, Malaysia, is a private residential community founded by Balaji Srinivasan based on his concept of the "Network State." Membership starts at $1,500 per month and includes accommodation, meals, fitness facilities, and shared workspace.