Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against Bitkub and two of its former directors. The complaint alleges that the company made false disclosures related to a 2021 cyberattack.
The cyberattack in question involved $50 million in assets. According to reporting from CoinTelegraph, the SEC’s complaint targets both Bitkub and the two former directors over their alleged roles in the alleged false disclosures.
The complaint is the latest development in the ongoing matter, with the SEC taking action against the company and individuals involved.