Thailand's Securities and Exchange Commission said on November 5 that it filed a criminal complaint against BG Limited, which operates the crypto exchange Bitget, for allegedly trading without a license. The regulator said it asked the Ministry of Digital Economy and Society to block Bitget's website, associated domains and mobile app from December 5.
Bitget faces a criminal complaint in Thailand and a December 5 cutoff of access to its website and app, and the SEC told users to act on assets held on the platform before that date.
Thailand's Securities and Exchange Commission said on November 5 that it had filed a criminal complaint against BG Limited, the operator of cryptocurrency exchange Bitget, for allegedly operating without a license. The regulator said it had notified the Ministry of Digital Economy and Society to block access to Bitget from December 5, covering the exchange's website, other associated domains and its mobile app.
The SEC said Bitget offered crypto trading services between 2022 and 2025, charged trading fees and promoted its services through Thai-language websites and social media channels. The regulator said those activities violated Thailand's digital asset business licensing requirements.
The complaint was filed with Thailand's Economic Crime Suppression Division for investigation. Prosecutors will decide whether to bring charges, while courts will determine criminal liability, the SEC said. The regulator advised users to take action regarding assets held on the platform before the deadline.
Thailand's Ministry of Digital Economy and Society has authority to restrict access to unlicensed crypto trading platforms under a 2025 decree aimed at protecting investors and combating financial crime, the SEC said. Bitget did not immediately respond to Cointelegraph's request for comment.
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