Bitkub CTO Slammed With $230,000 For Insider Trading

Summary: Thailand regulators have issued a fine to Samret Wajanasathian, the Chief Technology Officer of local crypto exchange Bitkub. Wajanasathian purchased tokens with inside information shortly before the exchange announced a major acquisition, per reports. The CTO allegedly bought $60,000 worth of KUB tokens as acquisition talks were ongoing. Thai’s SEC labeled the action as a violation of acts from the Digital Asset Business Royal Decree. 2018. The CTO was fined around $230,000 after investigations by the SEC. Thai’s Securities […]