- Bitcoin Companies

On 23 July 2026, news reports emerged regarding the Securities and Exchange Commission of Thailand (“SEC”) filing a complaint against Bitkub Online Co., Ltd. (the “Company”) and its former directors concerning the report of false information in the Company’s document during May - October 2021 (over 5 years ago). . At the outset, for the sake of clarity and mutual understanding, the Company wishes to affirm that all customers’ assets currently held by the Company are safe and fully accounted for. The Company reiterates its strict compliance with all applicable laws and regulations in safeguarding and maintaining customer assets. . The Company wishes to clarify that the cause of the said allegation arises from a past incident dating back to early May 2021. It did not result from any fraudulent conduct by the accused persons. Rather, it stemmed from the decision of an individual—who was responsible for the Company’s disclosure obligations—not to disclose that one of the Company’s digital asset wallets had been compromised by cybercriminals. At the time of the incident, in early May 2021, all of the Company’s digital asset wallet security systems complied with all standards prescribed by relevant authorities and had been duly audited. The decision of such individual not to disclose the incident was made with the intention to prevent a bank run—that is, a mass withdrawal of digital assets by customers upon learning of the theft—which could have rendered the Company unable to procure sufficient replacement digital assets for the customers while the recovery process was still ongoing. If such a bank run occurred, it would have resulted in significant and widespread losses to customers, as well as damage to Thailand’s digital asset industry. . As no bank run occurred, even though the stolen digital assets could not be recovered, the Co-Founders of the Bitkub Group voluntarily absorbed the loss by purchasing equivalent digital assets (in the same type and quantity as those stolen) and providing them to the Company. Consequently, neither the Company nor its customers suffered any financial loss from the theft. The SEC has verified that, as of 8 September 2025, all customers’ assets held by the Company remain safe and fully intact. (https://t.co/f22SsUHmzr) . This incident clearly demonstrates the integrity and commitment of the individuals associated with the Company in prioritizing the interests of customers above their own. . It is well recognized that thefts of this nature have occurred globally and are not unique to the Company. Similar to other leading digital asset operators worldwide, the Company has continuously enhanced its security infrastructure and internal systems to the higher possible standards. The Company has always placed the highest priority on the development of its security systems. - At present, the Company’s digital asset exchange platform has been ranked among the world’s top 15 in terms of security by the reputable ranking website https://t.co/q3LgEvYjCC. - The Company is certified under international standards such as ISO 27001, ISO 27701, and SOC 2 Type I and Type II. - The Company fully complies with the NIST Cybersecurity Framework. - The Company is a security leader offering advanced protective features to its customers, including Passkey technology and the Self-Freeze function. The Company’s security systems are also subject to annual inspections by the SEC. . The Company also securely stores its customers’ digital assets with world-class custodians such as BitGo Trust Company, Inc. and Coinbase Custody Trust Company, LLC. . In addition, the Company has allowed the public to transparently verify the digital assets of customers held by the Company through the Company’s Financial Statements at https://t.co/AFvmjvgTjy. At present, the Company remains in a strong and stable operational position and continues to advance the development of its business across all aspects. . Importantly, the Company now has the independent directors, the external individuals with the required legal qualifications, knowledge, and expertise, who oversee the Company’s business operations. The Company also maintains comprehensive compliance, and internal audit systems, reflecting its strong commitment to lawful conduct and business transparency. . The Company further informs that it filed a criminal complaint with the investigating authorities to pursue the perpetrators of the digital asset theft and all related parties on 10 May 2021. The Company will continue to take all necessary legal actions to the fullest extent. . The Company kindly requests all parties to refrain from disseminating or providing information that could cause misunderstanding or misrepresentation concerning the Company’s financial position, business operations, customer asset management, or other related matters. Otherwise, the Company will have no choice but to consider taking strict legal action as necessary. . Sincerely yours Bitkub Online Co., Ltd.

Source	BTC	Status
Public filings & disclosures	12,137 BTC	Unverified
Total	12,137 BTC

Source

BTC

Status

Public filings & disclosures

12,137 BTC

Unverified

Total

12,137 BTC

Bitkub

Treasury Report

1. Executive Summary

2. Treasury Composition

3. On-Chain Verification

Methodology