Bitget rolled back all irregular VOXEL-USDT trades and froze accused accounts on April 20, 2025, after detecting potential market manipulation by traders exploiting a bug

Description

Bitget has reversed VOXEL trades and suspended accounts after a suspected bot malfunction triggered a massive trading spike, raising concerns of market manipulation and prompting user compensation.

Event date

Apr 20, 2025 - 12:00am

Quotes that support claims

According to an April 20 announcement from the exchange, Bitget will roll back the accounts suspected of market manipulation within 24 hours, clawing back gains made from the trades.

The atypical metrics drew Bitget’s attention. In the fallout of its early investigation, the exchange suspended accounts suspected of market manipulation and rolled back irregular trades that occurred throughout the day. Traders who copped losses during that period were offered compensation.

Tags

Week 16 of 2025