Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block

Brief

By Dextape Desk · November 6, 2026

Thailand's Securities and Exchange Commission has filed a criminal complaint against BG Limited, operator of the Bitget exchange, accusing the firm of operating an exchange for digital assets in Thailand without a license during 2022 through 2025. Kritsana Kritsananuwat is also named as an alleged promoter who pushed Bitget on Facebook and YouTube. The case moves next to an inquiry official, then prosecutors and courts. Separately, the regulator asked the Ministry of Digital Economy and Society to block Bitget's website, other domains and app from December 5, and told investors holding assets there to act before then. Bitget had announced a plan to buy licensed Bangkok exchange GMO-Z.com Cryptonomics, a deal whose effective date slipped to November 30 and still needs regulatory approval. The regulator has not said whether the complaint will affect it.

Why it matters: It shows regulators pursuing unlicensed Thai platforms criminally while a licensed route for the same operator stays unresolved, a split relevant to exchanges serving Thai users.

Summary by Dextape, based on reporting by Bitcoin Magazine. Machine-written from Bitcoin Magazine’s report and checked against it · How Dextape writes