BitGet

🚨 VOXEL Price Scandal: Bitget Cracks Down on Market Manipulation

🚀 Bitget has launched legal action against eight accounts suspected of manipulating the price of VOXEL, resulting in over $20 million in improper gains.

📢 Xie Jiayin, Bitget’s Head of Chinese Operations, emphasized the platform’s commitment to maintaining market integrity and protecting users.

#Crypto #Bitget #VOXEL #MarketIntegrity #Blockchain

Some money can be swallowed, some money is hard to swallow, how to swallow is a method. Tens of millions of dollars are definitely not easy to swallow. Won't you learn from the many conspiracy groups on the blockchain? Transfer the money you've harvested to the blockchain, observe the wallet. Then make a high-profile announcement: all cryptocurrency enthusiasts who follow, like, and share can participate in an airdrop event, and then use the money from the observed wallet to pump your own scheme's airdrop tokens. This way, at least tens of thousands of people in the circle will benefit from you. You can quickly become a big influencer. Even in the worst-case scenario, if you really go to prison, the money will still be there. Pumping with 20 million dollars can at least raise its market value by several billion dollars.

You opened a bi duchang and are suing others now😁😅😂#Bitget #bitget

☠️ Bitget’s $12B VOXEL Glitch: Bug or Bullsh*t?

🟠 Crypto Twitter was buzzing after a supposed VOXEL miracle — $12 billion in trading volume appeared out of thin air. But hold the celebrations: this "frenzy" came packaged with broken mechanics, instant fills, and what many are calling a "zero-cost exploit."

🟠 Traders spotted strange price flickers on the VOXEL/USDT pair, swinging between $0.125 and $0.138. Was it a bug? A bot? A backdoor? Some lucky traders turned $100 into six figures, while others got completely wiped out. Bitget responded by suspending accounts, reversing trades, and issuing vague promises of compensation.

🟠 Here's the real kicker — no one knows who was behind it. Bitget’s CEO claimed it was “between users,” not the platform. Sure. Meanwhile, the API remains open, market makers stay anonymous, and everyone’s locked behind NDAs.

🟠 Binance saw something similar in March when GPS and SHELL tokens crashed — same “unnamed market maker,” same radio silence. Just another spin on the centralized exchange roulette wheel.

🟠 And it's not just CEXs under fire — even Hyperliquid got wrecked by a whale liquidation exploit that nuked their JELLY perpetuals. Bitget’s execs mocked Hyperliquid... until their own code coughed up a $12B glitch.
#TariffPause #BTCvsMarkets #Bitget #news #VOXEL

The follow-up came out and confirmed that it was the lawyer's letter sent by #Bitget

This operation by the family stamp is impressive.

Bitget Sues User

Is it a distortion of human nature, or a decline in morality?

It is still unknown whether it's true or false

#Bitget

In the future, when dealing with public opinion matters, it is still necessary to be a little more cautious to avoid insufficient follow-up.

Bitget Assesses Bitcoin's Prospects for the Coming Weeks

In the short term, the first cryptocurrency may break the bearish trend and start a rally on the market, says Ryan Lee, chief analyst at Bitget crypto exchange.#bitcoin #Binance #bitget #Finance

#Bitget
Regarding whether Bitget Exchange will run away and whether its platform currency BGB will return to zero, we can analyze it from multiple angles.
Will Bitget Exchange run away?
1. Historical record and reputation:
• Since its establishment, Bitget Exchange has not had any security incidents such as hacker theft of coins, which is relatively rare in cryptocurrency exchanges.
• Bitget has regulatory licenses in multiple countries, uses multiple cold and hot wallet storage technologies, and has a professional security team and partners.
2. Recent events:
• Recently, Bitget had an abnormal VOXEL contract incident, causing some users to suffer losses. Bitget has launched an internal investigation and promised to compensate affected users.
• Although there have been user feedback on withdrawal obstruction, forced liquidation and low-price settlement, these incidents did not directly point to Bitget running away.
3. Market reaction:
• There are discussions in the market about Bitget being a scam platform, but these discussions are more based on the negative experience of individual users rather than conclusive evidence.

Will BGB return to zero?
1. Value of platform currency:
• As Bitget's native platform currency, BGB is mainly used to enhance the user's trading experience within the platform, provide fee discounts, participate in activities, and serve as a liquidity incentive.
• Bitget recently completed the destruction of 30 million BGB in the quarter, accounting for 2.5% of the total token supply. This destruction mechanism helps to reduce the token supply, which may increase the token value.
2. Market performance:
• BGB has experienced significant price fluctuations in the past year, from 8.5 at the beginning of the year. This price fluctuation shows the market's demand and confidence in BGB.
• Although some users reported that there were suspected problems such as "misdeduction of fees" and "inaccurate profit and loss calculation" after the transaction was rolled back, these problems did not directly lead to a sharp drop in the price of BGB.
3. Future prospects:
• Bitget is actively promoting its on-chain rebate plan, which will further enhance the role and value of BGB in the ecosystem.
• According to some analysis, BGB may reach US$31.66 within the year. This prediction shows the market's optimistic expectations for BGB's future performance.

Conclusion
Based on the above analysis, the risk of Bitget Exchange running away is low, and the possibility of its platform currency BGB returning to zero is not high.

From the square: bitget: Unexpected, right? This time 100 million was taken away. We harvested 200 million through the retail investors in the market, then spent a few tens of millions to appease the KOLs and the shills, and still made a few tens of millions. Unexpected, right?

1 The reputation built by large enterprises is just small change for hundreds of millions; reputation is the priority. This has shown that bitget has a narrow vision and has lost completely. #bitget #BNB
Binance is undoubtedly number one ☝️

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#Binance #Upbit #GateIo #MEXC #Bitget #OKX #Bybit #HTX #Coinbase