“Thailand SEC Moves to Block Bitget Over Unlicensed Crypto Exchange Allegations” — what this page in the network covers. Thailand’s Securities and Exchange Commission has filed a criminal complaint against the operator of Bitget, one of the world’s largest cryptocurrency exchanges, for allegedly offering digital asset trading services to Thai users without a license from 2022 to 2025. The regulator said on Friday it had referred the case to the Economic Crime Suppression Division of the Royal Thai Police, seeking prosecution under the Digital Asset Business Emergency Decree.
If convicted, the exchange’s operator could face both fines and imprisonment, and the SEC is also pushing to block Bitget’s platform in the country. The move comes amid uncertainty over Bitget’s planned acquisition of a local Thai crypto exchange, which would have given it a licensed foothold in the market. This listing links straight to the original page, where the content is available in full.