Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation

Description

Crypto exchange Bitget said it will legally pursue the users behind eight accounts suspected of manipulating one of the platform’s markets, illicitly profiting $20 million as a result.

Publish date

April 27, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/352090/bitget-will-legally-pursue-8-accounts-suspected-of-profiting-20-million-from-voxel-trading-manipulation

Referenced by

Bitget to sue 8 users over $20M market manipulation

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All funds that are recovered will be returned to platform users 100 percent, via an airdrop.

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Bitget quickly announced it would be rolling back trades made in the market during a certain time frame while investigating the 'abnormal trading' activity.

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