Thailand moves to block Bitget as crypto exchange’s local acquisition faces uncertainty
Summary
Thailand’s financial regulator has initiated criminal proceedings against the operator of the Bitget cryptocurrency platform. Authorities allege that the company illegally operated a digital asset exchange for local investors without proper authorization over a multi-year period.
Thailand’s SEC filed a criminal complaint against Bitget’s operator, alleging it ran an unlicensed crypto exchange for Thai users from 2022 to 2025.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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