CoinDesk·2 min read·medium
Thailand's SEC alleges Bitkub concealed cyberattack that led to $50 million hack
J
Jamie Crawley
✦AI Summary
Thailand's SEC has filed a criminal complaint against the crypto exchange Bitkub, alleging that executives concealed details regarding a 2021 cyberattack. The regulator claims the company provided false information in official documents following the theft of 16 digital assets.
The SEC filed a criminal complaint against Bitkub with the Economic Crime Suppression Division (ECD), accusing the exchange of providing false information and alleging that former directors Sakolkorn Sakavee and Thaweesap Rawan made false statements in company documents to deceive the regulator, the reports said.
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