Thailand SEC Files Criminal Complaint Against Bitget Over Unlicensed Exchange Operations, to Block Access From Dec. 5

Summary

• Thailand’s SEC said it has filed a criminal complaint against cryptocurrency exchange Bitget over allegations that it operated an unlicensed exchange.
• The criminal complaint also includes a local YouTuber who promoted Bitget.
• Thai authorities plan to begin blocking access to the Bitget platform from Dec. 5.

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Thailand’s Securities and Exchange Commission has filed a criminal complaint against cryptocurrency exchange Bitget over allegations it operated without a license. Thai authorities plan to block access to the Bitget platform from Dec. 5.

On Nov. 6, Thailand’s SEC said it had taken criminal action against Bitget on charges of operating a digital-asset exchange without the required authorization.

The complaint also includes a local YouTuber who promoted Bitget.

Thai authorities plan to enforce the access block on Bitget starting Dec. 5.

JH Kim