Thailand's SEC announces a 5 December access block for Bitget

Thailand's Securities and Exchange Commission said on 5 November that it had filed a criminal complaint against BG Limited, operator of Bitget, over alleged unlicensed exchange activity. It also announced that access to the platform would be blocked from 5 December.

The regulator says its findings concern services offered during 2022–2025, including Thai-language promotion and trading facilities. A complaint begins a legal process; it is not a court conviction. The SEC describes investigation, possible prosecution and adjudication as subsequent stages.

The notice covers the website, other Bitget domains and the application. The regulator urged users to consider what action to take regarding assets held on the platform before the access deadline.

Bitget separately announced a planned acquisition of licensed Thai exchange GMO-Z.com Cryptonomics on 20 October. Its announcement said completion was subject to regulatory approval and other conditions. A proposed acquisition should not be presented as proof that the existing offshore platform has already obtained permission.

The practical news is a dated access restriction alongside an unresolved enforcement process. Neither announcement establishes that customer assets have been stolen.