Bitget Ordered to Reimburse Users Following Erroneous VOXEL Price Surge
Cryptocurrency exchange Bitget faces regulatory pressure to compensate traders after a technical glitch caused VOXEL token prices to spike artificially. The incident highlights ongoing challenges in maintaining market integrity during volatile trading conditions.
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The Bitget Bug That Triggered the Voxel Price Surge
VOXEL’s meteoric rise wasn’t some bold market move or clever innovation. The sheer chaos fueled by a Bitget trading bot threw sanity out the window. The bot’s glitch locked it in a feedback loop, trading and retrading between $0.125 and $0.138, pumping volume and price into absurd territory.
On-chain opportunists pounced; for a few bucks, some walked away with six-figure payouts. One trader bluntly said, “Bitget’s market-making bot has a bug,” after flipping $100 into a fortune.
People withdrawing funds from bitget following voxel bug , from which users made millions . pic.twitter.com/wkPeXd5uvi
— Smartmoney_Detective (@NaveenCypto) April 21, 2025
Bitget’s damage-control play began quickly, with promises of reversed trades and payouts for affected users. But the crypto world wasn’t buying it.
Rumors swirled of frozen withdrawals during the bug, particularly among Chinese users. Critics were less concerned with lost profits and more with what the glitch exposed, being laughably bad trade controls that cast doubt on the platform.
What This Means for VOXEL Crypto
The VOXEL flash surge turned out to be just that—a flash. Prices tumbled back to $0.10, leaving traders debating whether the spike was a desperate ploy to dodge a Binance delisting or just a freak glitch. Who knows?
Technically, the tokens are still stuck in a bearish rut with overheated RSI levels fueling doubts. While $0.10 offers a floor, there’s little in VOXEL’s corner to promise sustainable traction.
VOXEL’s meltdown didn’t just burn Bitget’s reputation; it lit up warning signs for every centralized exchange. Fragile infrastructure and loose risk protocols aren’t just risks; they’re liabilities waiting to explode.
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Key Takeaways
- The Voxel gaming token, quietly associated with Voxie Tactics on Polygon, lit the charts with a 70% spike in 24 hours. At its zenith, its value had jumped 200% due to a glitch.
- A bot glitch locked it in a feedback loop, trading and retrading between $0.125 and $0.138, pumping volume and price into absurd territory.
- Bitget’s damage-control play began quickly, with promises of reversed trades and payouts for affected users.
