Bitget Takes Legal Axe to 8 Accounts in $20M VOXEL Pump-and-Dump Scheme

BTCC / BTCC Square / CryptotimesIO /

Author:

Release Time:

2025-04-28 08:23:27

Bitget sues 8 accounts in $20M VOXEL Token Manipulation

Crypto exchange Bitget just threw the book at eight accounts accused of manipulating VOXEL tokens—allegedly pocketing $20M in the process. The move signals exchanges are finally playing whack-a-mole with market manipulators... or at least pretending to.

Behind the lawsuit: A classic pump-and-dump. The accused allegedly inflated VOXEL’s price before dumping holdings on retail traders—because what’s crypto without a little ’number go up’ theater?

Why it matters: While Bitget’s lawsuit looks tough on paper, cynics note it’s easier to sue a few bad actors than to fix the structural casino economics that make such schemes irresistible. The house always wins—even when it’s wearing a regulatory mask.

By:

Log in to Reply

Crypto Market Surge: XRP Leads Altcoin Rally as Bitcoin Eyes $100K Breakthrough

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.