Thailand Files Criminal Complaint Against Bitget Over…
By Abdelaziz Fathi
AI summary of the source article
Thailand's Securities and Exchange Commission has filed a criminal complaint against cryptocurrency exchange Bitget for operating without authorization and initiated measures to block platform access. The enforcement action coincides with Bitget's pending acquisition of licensed local operator GMO-Z.com Cryptonomics.
Why it matters
The planned December 5 restriction is a separate administrative measure intended to prevent access to unlicensed exchanges.
Key facts
- The Thai SEC accused Bitget operator BG Limited of offering unauthorized digital asset trading services between 2022 and 2025.
- Regulators initiated measures to block access to Bitget's website and application from December 5.
- Bitget is currently seeking regulatory approval to acquire licensed Thai exchange operator GMO-Z.com Cryptonomics through BTGT Management (Thailand).
Source excerpt · FinanceFeeds
Thailand's Securities and Exchange Commission has filed a criminal complaint against cryptocurrency exchange Bitget and initiated measures to block access to its platform from December 5, 2026, creating regulatory uncertainty around the company's planned acquisition of a licensed Thai exchange. The complaint, announced on November 5, accuses Bitget operator BG Limited of providing digital asset tr…