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Bangkok Post
Bangkok Post
Business

HISTORICAL FACTS: Where does bitkub go from here | History Defined

Representatives of nine victims who lost a combined 38 million baht in a theft involving the Bitkub system filed a complaint with the SEC in March this year. They called on the regulator to introduce measures to protect the victims and work with the exchange to resolve the issue. (Photo: Pornprom Satrabhaya)

For years, Bitkub symbolised Thailand's cryptocurrency boom. It was the country's largest digital asset exchange, the creator of KUB Coin, and the startup that reached unicorn status after Siam Commercial Bank (SCB) announced a landmark acquisition worth 35 billion baht.

At its peak in late 2021, Bitkub was poised to become Thailand's undisputed crypto champion.

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