Thailand SEC files criminal complaint against Bitkub over false disclosures tied to 2021 hack
Crypto Briefing 2026-07-24 13:10:27
Context: Thailand's Securities and Exchange Commission (SEC) has taken action against Bitkub, a cryptocurrency exchange, and two of its former directors, alleging that they concealed a significant cyberattack from regulators in 2021. The hack resulted in losses of approximately $50 million. The SEC's complaint marks a significant escalation in its investigation into the matter.
Key Facts
- The cyberattack on Bitkub occurred in 2021, resulting in losses of approximately $50 million, which the exchange and its former directors are accused of hiding from regulators.
- The Thailand SEC filed a criminal complaint against Bitkub and two former directors, alleging that they made false disclosures related to the 2021 hack.
- The complaint is the latest development in the SEC's investigation into Bitkub's handling of the cyberattack, which has led to serious allegations against the exchange and its former leadership.