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Thailand's SEC files criminal complaint against Bitget operator, sets Dec. 5 access block

Thailand's Securities and Exchange Commission has filed a criminal complaint against the operator of crypto exchange Bitget for allegedly operating without a license, with access to its website and app scheduled to be blocked on Dec. 5.

Bitget logo featuring black arrows on a bright cyan rounded square background.
Image: @scottmelker

Thailand's Securities and Exchange Commission has filed a criminal complaint against the operator of cryptocurrency exchange Bitget for alleged unlicensed trading, according to reports by Cointelegraph and crypto.news. The legal action targets the platform's operations in the country as regulators move to enforce domestic licensing requirements.[1][3][4]

Local access to Bitget's website and application is scheduled to be blocked starting Dec. 5. In light of the impending restriction, users have been urged to take action regarding their assets on the platform prior to the deadline.[1][2][3][4]

Key facts

  • Thailand's SEC filed a criminal complaint against Bitget's operator for allegedly providing crypto trading without a license.
  • Access to Bitget's website and mobile application in Thailand will be blocked starting Dec. 5.
  • Thai users have been urged to manage their assets before the Dec. 5 cutoff.

Sources · 4 sources

  1. CT

    Coin TelegraphArticle ·

    Thailand to block Bitget in December over unlicensed crypto trading Thailand’s SEC filed a criminal complaint against Bitget’s operator, with access to its website and app set to be blocked from Dec. 5.

    Open source
  2. CO

    Cointelegraph@CointelegraphPost on X ·

    🇹🇭 JUST IN: Thailand will block Bitget from Dec. 5 over alleged unlicensed trading, urging users to act on their assets before the deadline. https://t.co/pwGr3vkESJ https://t.co/pwGr3vkESJ

    Open source
  3. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Thailand to block Bitget from December 5. Thailand's SEC filed a criminal complaint against Bitget's operator for allegedly operating without a license. https://t.co/j9nPr66XRA

    Open source
  4. TW

    The Wolf Of All Streets@scottmelkerPost on X ·

    🇹🇭 THAILAND'S SEC FILES A CRIMINAL COMPLAINT AGAINST BITGET AND WILL BLOCK ACCESS FROM DEC. 5 OVER ALLEGED UNLICENSED TRADING https://t.co/EDltMRYTre

    Open source