{"id":4909,"date":"2025-04-28T18:30:00","date_gmt":"2025-04-28T17:30:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4909"},"modified":"2025-04-28T18:20:14","modified_gmt":"2025-04-28T17:20:14","slug":"voxel-scandal-bitget-sues-8-accounts-manipulation","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/voxel-scandal-bitget-sues-8-accounts-manipulation\/","title":{"rendered":"VOXEL Scandal : Bitget Takes Legal Action Against 8 Accounts for Market Manipulation"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-details-of-the-case\">The Details of the Case<\/h2>\n\n\n\n<p>In a recent development, the cryptocurrency <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/exchange\/best-cryptocurrency-exchange\/\">exchange platform<\/a> Bitget has initiated <strong>legal proceedings<\/strong> against eight accounts suspected of being involved in <strong>price manipulation<\/strong> of the <strong>VOXEL<\/strong> token. Allegedly, these accounts have generated <strong>unfair profits<\/strong> amounting to an estimated <strong>$20 million<\/strong> through unusual trading activities.<\/p>\n\n\n\n<p><strong>Xie Jiayin<\/strong>, head of operations in China at Bitget, stated that <em>&#8220;these eight accounts are the main culprits behind the VOXEL incident and have unlawfully netted over $20 million.&#8221;<\/em> The exchange accuses these accounts of manipulating the prices of <strong>perpetual futures contracts related to VOXEL<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"zh\" dir=\"ltr\">\u770b\u5230\u6709\u793e\u533a\u5728\u8ba8\u8bbaBG\u53d1\u51fa\u7684\u5f8b\u5e08\u51fd\uff0c\u6211\u6838\u5b9e\u540e\uff0c\u60f3\u8ddf\u5927\u5bb6\u6f84\u6e05\u51e0\u4e2a\u7ec6\u8282\uff1a<br>1\u3001Bitget \u5c06\u9646\u7eed\u53d1\u51fa8\u4efd\u5f8b\u5e08\u51fd\u3002<br>2\u3001\u8fd98\u4e2a\u8d26\u6237\u7591\u4f3c\u76f8\u5173\u8054\u7684\u4e13\u4e1a\u7f8a\u6bdb\u5229\u76ca\u96c6\u56e2\uff0c\u662f\u5bfc\u81f4\u672c\u6b21VOXEL\u4e8b\u4ef6\u7684\u4e3b\u8981\u59cb\u4f5c\u4fd1\u8005\uff0c\u5e76\u4ece\u4e2d\u4e0d\u5f53\u5f97\u5229\u8d85\u8fc72000\u4e07\u7f8e\u91d1\u3002<br>3\u3001\u8ffd\u56de\u7684\u8d44\u91d1\uff0cBitget \u5c06100% \u4ee5\u7a7a\u6295\u5f62\u5f0f\u53d1\u653e\u7ed9\u5e73\u53f0\u7528\u6237\uff01\u2026<\/p>&mdash; \u8c22\u5bb6\u5370 (@xiejiayinBitget) <a href=\"https:\/\/twitter.com\/xiejiayinBitget\/status\/1916475194383688167?ref_src=twsrc%5Etfw\">April 27, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"steps-taken-by-bitget\">Steps taken by Bitget<\/h2>\n\n\n\n<p>In a statement on X, Xie Jiayin shared details about the legal actions taken by Bitget against these eight individuals. She assured that users who transacted VOXEL <strong>between 4:00 PM and 4:30 PM on April 20th<\/strong> and had already withdrawn their funds would not be affected. The exchange plans to return all funds recovered through legal actions to its users via <strong>airdrops<\/strong>.<\/p>\n\n\n\n<p>A technical glitch on April 20th on the Bitget platform caused abnormal <a href=\"https:\/\/investx.fr\/en\/trading\/crypto\/\">trading<\/a> activity on the <strong>VOXEL\/USDT perpetual futures<\/strong>. Some users managed to generate significant profits during this period, prompting Bitget to take action against the responsible accounts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"impact-on-voxel-prices\">Impact on VOXEL prices<\/h2>\n\n\n\n<p>Following these events, the price of VOXEL, which was above <strong>$0.08,<\/strong> dropped to <strong>$0.072<\/strong>. At the time of writing, VOXEL is trading at $0.0714, representing a 1.5% decrease in a day. Despite a 7% increase last month, the <strong>VOXEL token<\/strong> witnessed a significant 5.9% decline over the past week.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"398\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/voxel-prix-1024x398-1.jpg\" alt=\"VOXEL Price\" class=\"wp-image-4911\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/voxel-prix-1024x398-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/voxel-prix-1024x398-1-300x117.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/voxel-prix-1024x398-1-768x299.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: CoinMarketCap<\/figcaption><\/figure>\n<\/div>\n\n\n<p>It is crucial for investors to stay informed about these developments and make <strong>informed decisions<\/strong> when it comes to investing in <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/\">cryptocurrencies<\/a>. <strong>Market manipulation<\/strong> remains a <strong>hot topic<\/strong> in the crypto ecosystem. Measures like those taken by Bitget aim to preserve market integrity and trust.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Buy cryptos on Bitget <\/strong>and claim your bonus <strong>!<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/pi-network-pi-price-surge-major-rumor\/\">Pi Network (PI) Price Could Surge After Major Rumor<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/casper-cspr-price-100-surge-today-crypto\/\">Casper (CSPR) Price Soars 100% : What\u2019s Behind Today\u2019s Surge ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/sui-5-2025-grayscale-gaming-70-surge\/\">Will SUI Reach $5 in 2025 ? Grayscale and Gaming Fuel 70% Surge<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency world is rocked by another market manipulation scandal. Bitget has taken legal action against eight accounts that made significant profits through dubious trading activities related to the VOXEL token.<\/p>\n","protected":false},"author":40,"featured_media":4908,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-4909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VOXEL Scandal: Bitget Sues 8 Accounts Over Market Manipulation<\/title>\n<meta name=\"description\" content=\"The VOXEL scandal heats up as Bitget sues 8 accounts for market manipulation. 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