Bitget detects irregularity in VOXEL-USDT futures, rolls back accounts

Source of this Article
Coin Telegraph 5 days ago 272

Bitget detects irregularity in VOXEL-<a href='https://market.bitrss.com/coin/mantle-bridged-usdt-mantle' rel='noopener' target='_blank' class='crypto-highlight' title='USDT Market Overview'>USDT ($1.00)</a> futures, rolls back accounts

Cryptocurrency exchange Bitget discovered "abnormal trading activity" on the VOXEL/USDT perpetual futures contract on April 20, between 8:00 to 8:30 UST, and paused accounts that the exchange suspected of market manipulation.

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.

Bitget CEO Gracy Chen told Cointelegraph the trades were between individual market participants and not the platform itself. Chen also said that the losses are not platform-wide and that user funds remain safe.

Cryptocurrency ExchangeVOXEL-USDT perpetual futures contract spikes by over 138% in a single day. Source:


Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet