Thailand SEC Files Complaint Before Dec. 5 Bitget Block

Thailand’s Securities and Exchange Commission filed a criminal complaint against Bitget operator BG Limited and set December 5 as the start date for blocking Bitget’s web and mobile access in Thailand.

The regulator said it notified the Ministry of Digital Economy and Society to block Bitget’s website, other domains and app on that date.

The action has two distinct enforcement tracks:

• A criminal complaint against BG Limited, which the SEC alleges provided digital-asset trading services to Thai users and collected fees.
• An access block for Thai users, covering the platform’s website, additional domains and mobile app.

What does the criminal complaint allege?

The SEC alleges BG Limited supplied trading services to Thai users from 2022 through 2025 and collected fees from them. Its complaint centers on the alleged operation of a digital asset exchange without a license under Thailand’s Digital Asset Business Emergency Decree.

The stated service period spans multiple calendar years rather than a single dated episode. The regulator’s account therefore covers a sustained period of alleged activity.

The complaint is not a final conviction. The SEC has brought allegations through a criminal complaint, but the source reports no court ruling, penalty, asset forfeiture order or other adjudication of liability.

How did the service reach Thai users?

The SEC says the service had a Thai-language website, displayed prices in Thai baht and was promoted on social media. Those details formed part of the regulator’s account of how BG Limited supplied and monetized the service for users in Thailand.

The Thai-language interface and baht prices connect the licensing allegation to the platform’s user-facing operations in Thailand. Social-media promotion supplied another route for reaching prospective users, according to the SEC. Together, the details place the service’s Thai-facing presentation and marketing inside the scope of the complaint.

Who is included in the complaint?

The same complaint includes a person who promoted Bitget through Facebook and YouTube. The SEC did not identify the individual or provide further details about that person’s role in the announcement.

Including the promoter broadens the case beyond BG Limited and places an individual marketing participant within the enforcement action. It does not, on the information provided, specify a separate charge against that person or describe the promoter’s involvement beyond social-media promotion.

What changes on December 5?

Beginning December 5, the Ministry of Digital Economy and Society is scheduled to block Bitget’s website, other domains and app for users in Thailand. The measure covers both browser-based and mobile access, targeting the digital routes identified in the SEC’s notice.

The SEC urged users to make arrangements for any assets they hold on the platform before access is blocked. That advice turns the date into a practical deadline for users who need to move or otherwise address their holdings, although the announcement does not specify a transfer process, custody arrangement or timetable for returning assets.

For BG Limited, the block would cut off the web and app access available to Thai customers. It also creates a hard operating deadline while the criminal complaint proceeds; the announcement did not describe a company response or remediation plan.

What is the next enforcement milestone?

The next dated milestone is December 5, when the ministry is expected to put the digital-access restrictions into effect. If the block proceeds as notified, Thai users would lose the web and app access targeted by the SEC, while BG Limited’s ability to serve them through those channels would stop. After that, the complaint will proceed without a reported final judicial outcome, leaving the enforcement response and users’ asset arrangements as the next points to watch.