🍉 Bitget VOXEL Big News | Understand the Whole Internet's Focus on the Issue in 5 Minutes
🌪️ Event Overview
On April 20, Bitget's VOXEL contract price fluctuated wildly!
👉 A group of people crazily profited 40 million dollars (8 people pocketed 20 million).
👉 Bitget was furious: rollback trading + freezing accounts + lawyer's letter in quick succession!
👉 Cryptocurrency Circle Split:
🐒 User Faction: "If you can't afford to lose, don't open a casino!"
🛡️ Platform Faction: "Making money from a BUG is stealing!"
🔥 The 5 Major Questions Causing a Stir Online
1️⃣ Are users "arbitrage geniuses" or "internet thieves"?
What does the law say?
▪ Stealing money = sneaking around + taking others' money → Are users stealing if they trade openly?
▪ Critical Point: Knowing it’s a BUG and still profiting might violate the Criminal Law (e.g., crime of damaging computer systems)!
Current Situation: Bitget and users are hurling insults at each other, waiting for solid evidence!
2️⃣ Can overseas platforms sue Chinese users?
Theoretically yes: Chinese courts can manage "domestic actions" → but domestically, virtual currency trading is deemed illegal!
Reality check: Courts might roll their eyes → "Your business is illegal, why should we help you?"
Truth about the lawyer's letter: A tool to intimidate, can they actually win a lawsuit? Uncertain!
3️⃣ Cross-exchange account freezes? How was this done?
Rumor: Bitget froze users' Binance accounts through domestic police!
Possibility:
▪ If a case is filed domestically → police send a letter → exchange cooperates.
▪ But… how was the case filed? What reason? Onlookers: "I'm not Li Jie!"
4️⃣ Rollback trading = cheating?
User Agreement: States "If there’s a BUG, I can rollback" → legally sound.
Why are they being criticized?
▪ Rollbacks lack transparency → "Black-box operations!"
▪ Compensation lacks sincerity → "If you can't afford to lose, don't play!"
💡 Summary
Bitget's tactic: lawyer's letter + freezing = psychological warfare, forcing you to give up money!
User counterattack: Threaten to sue the casino → mutual harm!
Where's the truth? Waiting for Bitget's report + judicial follow-up, it's all just a war of words now!
Leek Survival Guide:
▪ Contracts have risks → Don’t show off when you make money, don’t cry when you lose!
▪ If the platform has a BUG → It could be a trap, run away!
🆘 Friendly Reminder: Understand the news thoroughly, but be careful not to become a fool! 🍉
