Bitget Sues Eight Accounts over $20 Million VOXEL Manipulation Scheme

Crypto exchange Bitget has filed legal action against eight accounts accused of manipulating the VOXEL token, resulting in an estimated $20 million loss. The lawsuit was initiated on April 27th, 2025, with no impact observed on broader crypto markets like Ethereum or Bitcoin. Bitget CEO Gracy Chen assures users that their funds remain secure and that the platform itself wasn’t compromised during this incident.