Thailand's SEC filed a criminal complaint against BG Limited, Bitget's operator, for allegedly offering unlicensed crypto trading from 2022 to 2025, charging fees and promoting services in Thai via websites and social media. Access to Bitget's website, domains and app will be blocked from Dec. 5, and users were advised to handle assets beforehand. The complaint also names Kritsana Kritsananuwat, previously accused in March 2025 of promoting OKX's unlicensed activities. The action precedes Bitget's pending acquisition of licensed exchange GMO-Z.com Cryptonomics, announced Oct. 20 and still awaiting approval. Bitget did not respond to a request for comment.

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