Bitget reverses VOXEL trades after suspected market manipulation

News story


Description

​Bitget reversed VOXEL trades and suspended certain accounts after a suspected market-making bot malfunction led to a $12.7 billion trading surge and potential manipulation, prompting a rollback of irregular trades and a compensation plan for affected users.

Maintainers

Catalin

Publish date

Apr 20, 2025 - 12:00am

Related projects

Bitget

Related topics

Ethics

Sources

Bitget’s $12B VOXEL frenzy fizzled fast, but questions remain
Bitget detects irregularity in VOXEL-USDT futures, rolls back accounts
Bitget will roll back trades, compensate users after 'abnormal' VOXEL trading activity

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04/20/2025
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