Thailand to Block Bitget Effective December 5 Amid SEC Criminal Complaint

According to CryptoNinjas, Thailand will block access to Bitget starting December 5. The decision follows a criminal complaint filed by the U.S. Securities and Exchange Commission (SEC) against BG Limited, the operator of Bitget, over licensing issues. The SEC’s filing relates to alleged violations involving securities regulations.

Thailand’s action references frequent privacy violations by hackers as a contributing factor. The ban targets Bitget platform access within the country. No further details on enforcement method or duration beyond the stated December 5 date were provided.

The SEC’s criminal complaint centers on licensing matters related to BG Limited’s operations. Thailand’s regulatory response emphasizes adherence to privacy standards amid reported hacker activities affecting user data.

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