Thailand files criminal complaint against Bitget and sets 5 December block

Thailand's Securities and Exchange Commission filed a criminal complaint against BG Limited, the company operating the Bitget exchange, over allegations of providing digital-asset services without a licence.

The regulator said its investigation found activity that violated Thailand's digital-asset business licensing requirements between 2022 and 2025, with the platform offering crypto buying and selling as a regular commercial service and collecting transaction fees from users.

It said the platform attracted Thai customers through a Thai-language website, prices in the local currency and promotional campaigns on social media. A separate complaint named an individual, Kritsana Kritsananuwat, accused of helping promote the exchange through a Facebook page called Srisiam and a YouTube channel. Both matters were referred to the Economic Crime Suppression Division.

Thailand's Ministry of Digital Economy and Society plans to restrict access to Bitget's website, associated domains and mobile app from 5 December 2026. The SEC urged users to review their holdings and take appropriate steps before the block, stressing that filing the complaint does not establish guilt and that the courts will ultimately decide.

What do these terms mean?

Digital assets: Assets based on distributed-ledger technology, including cryptocurrencies and digital tokens.

Licensing: Official approval from a regulator allowing a company to conduct a regulated financial activity in a country.

Criminal complaint: A formal report of an alleged crime; prosecutors later decide whether to pursue it in court.