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Thailand SEC Files Criminal Complaint Against Bitget Over Unlicensed Exchange Operations, to Block Access From Dec. 5

Source
JH Kim

Summary

  • Thailand’s SEC said it has filed a criminal complaint against cryptocurrency exchange Bitget over allegations that it operated an unlicensed exchange.
  • The criminal complaint also includes a local YouTuber who promoted Bitget.
  • Thai authorities plan to begin blocking access to the Bitget platform from Dec. 5.

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Photo: Shutterstock
Photo: Shutterstock

Thailand’s Securities and Exchange Commission has filed a criminal complaint against cryptocurrency exchange Bitget over allegations it operated without a license. Thai authorities plan to block access to the Bitget platform from Dec. 5.

On Nov. 6, Thailand’s SEC said it had taken criminal action against Bitget on charges of operating a digital-asset exchange without the required authorization.

The complaint also includes a local YouTuber who promoted Bitget.

Thai authorities plan to enforce the access block on Bitget starting Dec. 5.

#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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