According to Wu Blockchain, the Thai SEC has filed a criminal complaint against crypto exchange Bitkub Online and two former directors. The SEC stated that Bitkub was hacked in May 2021, resulting in the theft of 16 crypto assets worth approximately 1.7 billion THB (around $50.8 million). However, the daily net capital reports submitted for about six months afterward did not reflect the changes in assets, raising allegations of false reporting. Bitkub claims that customer assets are currently safe and intact, and the incident was not disclosed at the time to avoid a mass withdrawal. The co-founder has since purchased equivalent assets to cover the losses. https://(wublock123.com)/news/thailand-sec-files-criminal-complaint-against-bitkub-over-50m-theft-65264