Thailand's Securities and Exchange Commission has filed a criminal complaint against crypto exchange Bitkub and two of its former directors, alleging they submitted false reports to the regulator after a 2021 hack. According to reports in local media, the complaint, lodged with Thailand's Economic Crime Suppression Division, stems from a May 2021 cyberattack in which 16 types of digital assets worth 1.7 billion baht ($47 million) were drained from the exchange. From May to October 2021, the SEC alleges, Bitkub's daily net-capital filings showed no significant change in its assets, hiding the loss, in breach of the country's Digital Asset Business Decree.