Thailand moves to block Bitget as crypto exchange's local acquisition faces uncertainty

Crypto Insight Summary: 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. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Thailand's complaint is limited to Bitget and does not materially affect the broader crypto market.