Bitget will roll back trades, compensate users after 'abnormal' VOXEL trading activity

Article

Authors

Zach Abrams

Publish date

Apr 20, 2025 - 12:00am

Publisher

The Block

Web URL

https://www.theblock.co/post/351321/bitget-will-roll-back-trades-compensate-users-after-abnormal-voxel-trading-activity?utm_source=twitter&utm_medium=social

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Bitget reverses VOXEL trades after suspected market manipulation

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Crypto exchange BitGet will roll back trades affecting its perpetual futures market for the VOXEL token, the native currency of Polygon-based RPG game Voxie Tactics, following “abnormal” trading activity.

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"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."

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