Thailand's cryptocurrency exchange Bitkub has rejected allegations of fraud after the Thailand SEC filed a criminal complaint related to the company's disclosures following the Bitkub cyberattack in 2021. The case focuses on how the exchange reported the impact of the cyberattack on Bitkub to regulators, rather than on the safety of customer funds. 

In response to the complaint, Bitkub stated that all customer assets currently held on its platform remain safe, fully accounted for, and protected in accordance with applicable regulations. The company argued that the allegations stem from decisions made during the aftermath of the 2021 security breach and do not reflect fraudulent conduct. 
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