Maxbit Blocks Shuffle Wallet Addresses and Reports to SEC Following Transaction Review

Key summary

On October 24, 2026, Maxbit CEO Pokkhet Ratchakitprap posted on Facebook to clarify a transaction of approximately 200,000 baht transferred to the wallet address 'Shuffle', which is under political scrutiny. The company stated it uses blockchain analytics to assess risk based on destination addresses and transaction values, though acknowledged tool limitations regarding new addresses with insufficient data. Following news about Shuffle, Maxbit immediately blocked related addresses without relying solely on analytics, cooperated with government agencies, and provided information to the committee on October 22. The company affirmed its commitment to legal compliance, internal risk management improvements, and industry-wide collaboration with the Securities and Exchange Commission (SEC) to enhance transaction monitoring standards.