Thailand’s SEC Moves to Block Bitget as It Files Criminal Complaint
Summary
Thailand’s SEC filed a criminal complaint against Bitget operator BG Limited, alleging it offered crypto trading to Thai customers without a local license from 2022 to 2025. The regulator cited fee-based trading services and localized marketing, and separately named a person accused of promoting the exchange. The complaint is under investigation and does not establish guilt. Thai authorities plan to block Bitget’s website, related domains and app starting December 5, 2026. The SEC urged users to review their holdings before access is restricted and warned that customers of unauthorized platforms may have fewer legal protections.
