Balaji seeks Malaysia deal after probe

• Balaji Srinivasan is seeking an agreement with Malaysian authorities after an investigation into Network School.
• The dispute could affect the project's future operations in Malaysia.
• Srinivasan said he hopes to resolve the issue but may move the project if needed.

Crypto investor Balaji Srinivasan is seeking an agreement with Malaysian authorities after an investigation into his Network School project.

The probe follows concerns over whether Network School complied with local laws, as officials review the project's activities.

Srinivasan said, "We want to work with Malaysia, but if we can't reach an agreement, we'll leave."

The investigation is focused on regulatory compliance, while Srinivasan said Network School promotes education, technology and entrepreneurship.

Srinivasan said the project's future in Malaysia will depend on the outcome of discussions with local authorities.

The case comes as more governments increase oversight of crypto businesses and blockchain-related education projects.

The dispute shows how crypto projects can face regulatory hurdles when expanding into new markets.