Bitget said suspicious behaviour triggered its risk-control system on April 20, 2025

Quotes that support claims

"Upon investigation, certain accounts were found to have potentially engaged in market manipulation, triggering our risk control system," Bitget said in an announcement regarding the incident. "To ensure a fair and secure trading environment, Bitget will initiate a rollback of irregular trades within 24 hours...[for users who] incurred losses during this period, a compensation plan will be offered."

“We are conducting a thorough review, and once the rollback is completed, trading and account restrictions will be lifted as appropriate. Bitget’s security infrastructure is designed to catch irregularities like this in real time — as it did in this case,” Chen said.