Thailand's Securities and Exchange Commission has filed criminal charges against the operating entity of crypto exchange Bitget and will block access to its platform on December 5.
Thailand's Securities and Exchange Commission has filed a criminal lawsuit against the operating entity of crypto exchange Bitget and will block access to its platform starting December 5. The Securities and Exchange Commission (SEC) of Thailand announced on Thursday that it has filed criminal charges against BG Limited, the operator of the cryptocurrency exchange Bitget, accusing it of operating a digital asset exchange without a license between 2022 and 2025. Meanwhile, the Thai SEC has notified the Ministry of Digital Economy and Society to implement an access block on Bitget starting December 5, reminding users holding positions to properly manage their assets before the deadline. The criminal lawsuit also named an individual supporter suspected of promoting Bitget via social media.
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