Crypto Exchange Bitget says that he sends letters from his lawyers to account holders who, according to them, were involved in manipulating the price of perpetual term contracts linked to the Voxel token.
Eight account holders that the exchange accuses of being involved in the incident of April 20 and who would have pocketed $ 20 million with each other receive a letter from the lawyer for the “fast succession”, said Xie Jiayin, Chief of Chinese Bitget operations, in a post of April 27.
“These eight accounts are the main instigators of the Voxel incident and have poorly fired more than 20 million US dollars,” she said, said a translation of the position.
“With the exception of these eight accounts, all other users who participated in Voxel Trading on April 20 and who withdrew the funds do not have to worry,” she added. “The accounts have been restored to normal and no responsibility will be continued in the future.”
On April 20, Bitget declared that he had discovered “an abnormal negotiation activity” on his perpetual term contract Voxel / USDT and the interrupted accounts which he suspected of market manipulation.
The trading pair recorded more than $ 12 billion in volume, eclipping measures of the same contract on Binance. After the break, Bitget made the irregular professions back down to retreat the gains.
At the time, the CEO of Bitget, Garcy Chen, told Cintelelegraph that the professions were between the actors of the individual market, and not the platform itself, and insisted that the losses were not on the scale of the platform and that the user funds remained safe.
Bitget always investigates the cause of the incident
Jiayin said Bitget was planning to distribute 100% of the funds recovered to users assigned through Airdrops while a full incident report is still in progress.
Some X users have said that the incident had been caused by a bug in a “market manufacturer” bot, which caused an excessive volume of Voxel. Traders who spotted the alleged bug used high -effect betting early to increase their profits in a zero cost feat.
In relation: The CEO of Bitget slams the management of hyperliquid of the “ suspect ” incident involving a jelly token
Voxel is the native utility token of Voxies, a free tactical rpg tactical game based on the turn, built on the Ethereum blockchain.
The decentralized hyperliquid of exchange underwent a similar incident on March 27, when a whale would have exploited the liquidation parameters to take advantage of at least $ 6.26 million on the My Jelly (Jelly) jelly.
The hyperliquid has since struck down the perpetual future linked to the jelly token, citing suspicious evidence of the market as a reason for the decision.
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