Thailand's SEC alleges Bitkub concealed cyberattack that led to $50 million hack

CryptoInfo Editorial Team · Published on July 27, 2026 at 13:32 · Updated on July 27, 2026 · 1 min read

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Key Takeaways

→Thailand's SEC alleges Bitkub concealed a cyberattack that led to a $50 million hack.
→The cyberattack occurred in May 2021 and affected 16 different digital assets.
→The hack resulted in the theft of 1.7 billion baht.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

According to reporting from CoinDesk, Thailand's Securities and Exchange Commission (SEC) has alleged that Bitkub, a cryptocurrency exchange, concealed a cyberattack that led to a significant hack in 2021.

The cyberattack, which occurred in May 2021, resulted in the theft of 1.7 billion baht across 16 different digital assets, equivalent to approximately $50 million.

The SEC's allegations suggest that Bitkub failed to disclose the cyberattack, which is a serious concern for investor protection and market integrity.

Source: CoinDesk ↗