Bitget Reverses Trades Following Suspected VOXEL Price Manipulation Incident

Bitget has taken corrective action by reversing trades and compensating users after a suspected market manipulation incident involving VOXEL futures. The exchange reported a sudden, unexplained surge in VOXEL trading volumes, briefly surpassing Bitcoin’s volume on the platform. Despite the token’s niche market presence, the incident raised concerns, though Bitget assured users that their funds remain secure.

Bitget Reverses Trades After Suspected VOXEL Price Manipulation

Bitget has reversed trades and compensated users following a suspected market manipulation incident involving VOXEL futures. During a flash surge, trading volumes for VOXEL, an in-game token tied to the Polygon-based tactical RPG Voxie Tactics, mysteriously skyrocketed, briefly eclipsing Bitcoin in volume on the platform despite the token’s relatively minor presence in the broader market. Bitget emphasized that user funds are safe and said further updates will follow as the investigation continues.

Bitget Daily Digest (April 21) Key Highlights

SOL’s staking market cap surpasses ETH; Babylon adjusts unbonding fee for Phase-2 stakes. Bittensor (TAO) unlocks $47.7M worth of tokens. Lorentz mainnet upgrade live on opBNB. Pectra client launches, adding EIP-7702 delegation status. Trump posts about negotiation rules and tariffs, impacting market sentiment.