Crypto Exchange Bitget insisted that he sent a letter from a lawyer and sent a holder to an account holder and was involved in manipulating the price of a permanent gift contract related to Voxel tokens.
Eight account holders, who accused the incident on August 20 and made $ 20 million between them, said on April 27 that XIE JIAYIN, the Chinese operational director of BitGet, will receive a letter for “fast succession.”
“These eight accounts are the main instruments of the Boxel case and inappropriate $ 20 million in US dollars.
“Except for these eight accounts, all other users who have participated in the Boxel trading on April 20 and withdraws their funds don’t have to worry.” “Accounts have been restored to normal and will not be responsible in the future.”
On April 20, BitGet said that he discovered “abnormal trading activities” in the voxel/USDT permanent gift contract and suspended an account suspected of market manipulation.
The transaction pair recorded more than $ 12 billion in books and shook the same indicators of the same contract for Binance. After the pause, BitGet rolls back an irregular transaction and wets the profit back.
At the time, Bitget CEO Gracy Chen told Cointelegraph that it was a deal between individual market participants, not the platform itself, and insisted that the loss was not the entire platform and the user funds were safe.
Bitget is still investigating the cause of the incident.
Jiayin said Bitget plans to distribute 100%of the recovered funds to users affected by air drops and that the entire accident report is still in progress.
Some X users argued that the incident was caused by the bugs of the market manufacturer, which caused excessive amounts of Boxel. Merchants who found suspected bugs initially used high leverage betting to make profits by using zero costs.
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Bok Cell is a basic utility token of VOXIES, a free play built on Ether Leeum block chain, a 3D turn -based tactical RPG game.
Design Centralization Exchange Hyper Flekcut suffered similar incidents on March 27. Similar events were made when whales benefited at least $ 66 million in Jelly My Jelly (Jelly) memo using liquidation parameters.
Hyperklicade has since listed the eternal future related to Jelly Token and cited as a reasons for the decision of suspicious market activities.
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