The SEC has filed criminal complaints with the Economic Crime Suppression Division against Ass Sure Technology Co. and four executives over running the unlicensed crypto exchange VCEX (Vcex.io). The Digital Ministry will block the platform from 7 Nov 2026. For a Thai business, the practical point is to check any crypto trading or payment counterparty against the SEC Check First app before dealing with them, since unlicensed platforms get no legal protection and carry fraud and money-laundering risk.