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Jul 27, 2026

Thailand SEC files criminal complaint against Bitkub over undisclosed $47 million hack

Thailand's Securities and Exchange Commission filed a criminal complaint against crypto exchange Bitkub and two former directors for allegedly submitting false reports after a 2021 hack that resulted in $47 million in losses.

Jul 27, 2026·1 source
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Top claims

  • ▪According to CoinMarketCap, Binance TH ranks 31st among global exchanges, while Bitkub ranks 68th
  • ▪Bitkub, once Thailand's dominant crypto exchange, has been overtaken by Binance's local arm, Binance TH
  • ▪The theft was not disclosed at the time to avoid a "bank run" of panic withdrawals

Topics

Crypto regulationCrypto exchange regulationCrypto enforcement actionsCrypto exchanges

Related entities

Thailand