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Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block

By Micah Zimmerman

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AI summary of the source article

Thailand's SEC has filed a criminal complaint against Bitget operator BG Limited for allegedly running an unlicensed digital-asset exchange between 2022 and 2025. The regulator has also requested authorities block public access to the platform starting December 5.

Why it matters

From Dec. 5, the public “will be unable to access the platform,” the statement said, and investors still holding assets there were told to consider acting before the cutoff.

Key facts

  • The Thai SEC lodged a criminal complaint against Bitget operator BG Limited and an alleged promoter for unlicensed exchange operations.
  • The regulator submitted Bitget's domains and app to authorities to enforce an access block scheduled for December 5.
  • The legal action occurs as Bitget seeks regulatory approval to acquire licensed local exchange GMO-Z.com Cryptonomics (Thailand).

Source excerpt · Bitcoin Magazine

Bitcoin Magazine Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block Thailand's SEC filed a criminal complaint against Bitget operator BG Limited for unlicensed Thai trading from 2022 to 2025. This post Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block first appeared on Bitcoin Magazine and is written by Micah Zimmerman .