After a press release from the SEC on the use of civil sanctions against the perpetrators of Mr. Samraj Vajanasathien, CTO of Bitkub Blockchain Technology Co., Ltd. (BBT) and allegations of internal information use. For trading or Inside Trading before the announcement of the acquisition of 51% shares from Siam Commercial Bank With a value of up to 17,850 million baht, resulting in the price of KUB coins offered for sale by BBT, a company in the Bitkub group and related companies, recently Mr. Samraj Vajanasathien has released a post on his personal Facebook. Regarding the incident, clarified that the purchase of their KUB coins was made because they wanted to buy it as a fee and hold it for a period of time. along with the reason that I’m in BBT, which has nothing to do with the company that was bought by Siam Commercial Bank, Bitkub Online (BO).
However, the SEC fined Mr. Samed totaling 8,530,383 baht, including prohibiting him from being a director or executive of a digital token offeror or digital asset operator for 12 months. Bitkun Chain, which is a page directly from BBT, has come out to clarify that Now Mr. Samrong continues to operate as CTO as usual and continues to insist that the company was not involved in the incident. And continue to develop the Bitkub Chain network, not affected by this incident in any way.
After this, what will the SEC do next? must continue to follow Because Mr. Success has come out to clarify and show his innocence and ask to fight in the legal process, but the SEC has coordinated with the Central Investigation Bureau (BorChor. Suppressing offenses related to economic crimes (EIC) in the investigation and gathering of facts and evidence What’s the story going to be? must continue to follow
Source: SECPersonal Facebook Mr. SuccessFacebook: Bitkub Chain