Thailand's SEC complaint against Bitget
Where it stands now. Thailand's SEC has filed a criminal complaint against Bitget's operator, the case is with police investigators, and access to Bitget in Thailand is due to be blocked from 5 December 2026.
The record 1 development
Thai SEC files criminal complaint against Bitget's operator, asks for it to be blocked from 5 December
What happened. Thailand's Securities and Exchange Commission (SEC) filed a criminal complaint on 5 November against BG Limited, the operator of the Bitget exchange, alleging that it ran a digital-asset exchange without a licence, Kaohoon reported. The complaint went to the police Economic Crime Suppression Division and also names one person the SEC says helped promote Bitget. The SEC has asked the Ministry of Digital Economy and Society to block Bitget's website, its other domains and its app in Thailand from 5 December 2026.
Why it matters. The SEC said that from 2022 to 2025 Bitget offered trading to Thai users, charged fees, ran a Thai-language website showing values in baht and promoted itself in Thai on social media, which it says breaks Thailand's 2018 emergency decree on digital-asset businesses. The SEC said the block is meant to protect investors and stop unlicensed platforms being used by fraudsters to launder money, Kaohoon reported.
- The SEC urged Bitget users to decide what to do with assets held on the platform before the block starts on 5 December. It also told investors to check which firms are licensed on its website or its SEC Check First app, Kaohoon reported.
- Police now investigate, prosecutors decide whether to charge, and the courts rule on guilt; Blockcast noted that no one has been convicted.
- Blockcast and Liputan6 (citing Cointelegraph) noted that on 20 October Bitget announced a plan to buy GMO-Z.com Cryptonomics, a licensed Thai exchange, through BTGT Management (Thailand). Blockcast said the SEC's notice does not say whether the complaint affects that deal.
- Bitget did not immediately reply when Cointelegraph asked for comment, Liputan6 reported.
- Thailand's regulator announced in 2025 that it would block five unlicensed platforms, including Bybit, OKX and CoinEx, Blockcast reported.
Read the originals (6), usually in their own language
- SEC files complaint against Bitget and one supporter for operating without a licence, orders block from 5 December · Kaohoon, headline translated by us
- Bitget hit with criminal complaint by Thailand's SEC! Website and app to be blocked from 5 December; users urged to deal with their assets · Blockcast, headline translated by us
- Thai authorities file criminal complaint against crypto exchange Bitget · NADA NEWS, headline translated by us
- Thailand blocks crypto exchange operator Bitget from December 2026 · Liputan6, headline translated by us
- Thai SEC files criminal complaint against Bitget's operator; its platform to be blocked from 5 December · PANews, headline translated by us
- Thailand to block access to Bitget platform from 5 December · ChainCatcher, headline translated by us