Bitget Strikes Back: Legal Showdown Over VOXEL Token Frenzy!

Bitget's Bold Move Against Market Manipulators

Hold onto your hats, crypto fans! Bitget is pulling no punches as it launches a legal blitz against eight shadowy accounts that threw the VOXEL token market into a wild tailspin. The price went haywire, and now it's time to pay the piper.

Jiayin Xie, Bitget's head of Asia, dropped the bomb on April 27 via X. They're sending out eight legal notices to these culprits who raked in over $20 million from this chaos. But here's the kicker: every penny they claw back? It's going straight into the pockets of Bitget users through airdrops. That's right, 100% back to the community!

我得跟大家澄清几点：
1、Bitget 正准备发射8封律师函，像火箭一样直击这些操盘手。
2、这8个账户是一帮专业的“薅羊毛”团伙，搞出了这次VOXEL风波，并非法获利超过2000万美金。
3、所有追回的资金，Bitget 将100% 通过空投回馈给平台用户！…

Xie made it clear: if you traded VOXEL between 16:00 and 16:30 on April 20 and already took your money and ran, you're off the hook. Those accounts are back in action, no questions asked.

He also threw in a sincere apology for the mess and promised a detailed report soon to spill all the beans on this wild ride.

The VOXEL Rollercoaster: A 30-Minute Frenzy

On April 20, the VOXEL price rocketed over 200% in just half an hour, briefly knocking Bitcoin off its throne as Bitget's top dog in daily trading volume. From $0.125 to $0.1645 in a blink, trades flew without the usual order book dance.

Rumors are swirling it was all because of a glitch in Bitget's market-making bot, causing prices to yo-yo and orders to fill faster than you can say "buy the dip." Some savvy traders made a killing, but Bitget wasn't having it. They slammed the brakes on VOXEL/USDT trading and iced out the accounts causing the ruckus.

Bitget promised to undo the wild trades and make whole those who got burned. They swear it wasn't an inside job or a hack, but they're keeping tight-lipped on who exactly stirred the pot.

Deja Vu? Echoes of Hyperliquid's JELLY Scandal

This VOXEL drama's got folks whispering about Hyperliquid's JELLY fiasco from March. Bitget's CEO, Gracy Chen, slammed Hyperliquid's handling of it, but now she's facing the music herself. Critics are calling out her double standards louder than ever after this VOXEL blowout.