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Bitget Sues Over $20M Game Token Manipulation—Another Day in Crypto Wild West

Bitget Sues Over $20M Game Token Manipulation—Another Day in Crypto Wild West

Author:
decryptCO
Published:
2025-04-28 02:43:15
17
3

Bitget Takes Legal Action Over Alleged $20M Manipulation of Gaming Tokens

Crypto exchange Bitget drops the legal hammer—alleging market manipulators rigged gaming tokens for a $20M payday. Because nothing says ’decentralized finance’ like good old-fashioned fraud.

Who needs casinos when you’ve got altcoin markets? The lawsuit exposes yet another high-stakes game where retail traders become unwitting poker chips.

Bitget’s move signals exchanges are tired of playing whack-a-mole with pump-and-dump schemes—or at least want to look that way for regulators. Place your bets on whether this changes anything.

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