Thailand SEC Files Criminal Complaint Against Bitkub and Two Former Directors Over 2021 False Reporting Case

According to The Nation Thailand, the Thai Securities and Exchange Commission has filed a criminal complaint with the Economic Crime Suppression Division against digital asset exchange Bitkub and its two former directors, alleging false statements in daily net capital reports submitted after the 2021 hacking incident. The incident resulted in the theft of approximately 1.7 billion baht worth of digital assets. The regulator believes that Bitkub failed to accurately reflect asset losses and related changes during the period from May to October 2021.