profiting
533 views
1 Discussing
Hot
Latest
🚨BITGËT PURSUES $20M $VOXEL MARKET #MANIPULATORS
🔹Crypto exchange Bitgét will legally pursue 8 accounts suspected of manipulating VOXEL token trading, #profiting $20 million.
🔹The platform detected abnormal trading on April 20, when VOXEL (from Polygon-based Voxie Tactics) surged 500%.
🔹 Bitgét will airdrop recovered funds back to affected users.
🔹Formal legal action expected after sending lawyer's letters to involved accounts.
🔹Incident joins a wave of recent crypto exploits, including Loopscale's $5.8M hack and Infini's $49M loss.
🔹 Bitgét plans to release a full incident report soon.
-The Block
🔹Crypto exchange Bitgét will legally pursue 8 accounts suspected of manipulating VOXEL token trading, #profiting $20 million.
🔹The platform detected abnormal trading on April 20, when VOXEL (from Polygon-based Voxie Tactics) surged 500%.
🔹 Bitgét will airdrop recovered funds back to affected users.
🔹Formal legal action expected after sending lawyer's letters to involved accounts.
🔹Incident joins a wave of recent crypto exploits, including Loopscale's $5.8M hack and Infini's $49M loss.
🔹 Bitgét plans to release a full incident report soon.
-The Block
🚨🔴 BITGET ROLLS BACK ACCOUNTS OVER MARKET #MANIPULATION
🔹Incident: Bitget detected abnormal trading activity in the VOXEL-USDT perpetual futures contract on April 20 between 8:00–8:30 UST.
🔹Action: Accounts suspected of market manipulation were paused, and trades will be rolled back within 24 hours.
🔹Compensation: Bitget will compensate users who suffered losses due to the incident, backed by a $300 million protection fund.
🔹CEO Statement: Gracy Chen assures user funds remain secure and clarified that the issue involved individual market participants, not the platform itself.
🔹Similar Incident: This event draws parallels to the Hyperliquid-Jelly exploit from March 2025.
$VOXEL
🔹Incident: Bitget detected abnormal trading activity in the VOXEL-USDT perpetual futures contract on April 20 between 8:00–8:30 UST.
🔹Action: Accounts suspected of market manipulation were paused, and trades will be rolled back within 24 hours.
🔹Compensation: Bitget will compensate users who suffered losses due to the incident, backed by a $300 million protection fund.
🔹CEO Statement: Gracy Chen assures user funds remain secure and clarified that the issue involved individual market participants, not the platform itself.
🔹Similar Incident: This event draws parallels to the Hyperliquid-Jelly exploit from March 2025.
$VOXEL
Login to explore more contents