Thailand's SEC Files Criminal Complaint Against Bitkub Over Undisclosed $47M Hack
Decrypt·
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Thailand's SEC files a criminal complaint against Bitkub, alleging the exchange and two former directors concealed a $47 million hack in its 2021 filings. The regulator claims the exchange failed to disclose the theft, which raises concerns about transparency and accountability in the Thai crypto market, potentially affecting investor trust and regulatory oversight.
The regulator says the exchange and two former directors left a $47 million theft out of its filings in 2021.