From Cointelegraph

April 20, 2025 2:09:00 pm:

Cryptocurrency exchange Bitget identified abnormal trading on the VOXEL/USDT futures contract, leading to a 138% spike in a day. Bitget will roll back suspicious accounts within 24 hours and compensate affected users. The incident raises concerns about exchange obligations during trading anomalies. Hyperliquid-Jelly exploit comparisons have surfaced.

In a similar incident, Hyperliquid faced backlash for delisting JELLY contracts after a trader manipulated prices, causing a 400% surge. Bitget CEO criticized Hyperliquid for this action, stating it sets a dangerous precedent. Trust is emphasized as essential for exchanges. The issue highlights the need for clear regulations and protocols in the crypto market.

Read more at Cointelegraph: Bitget detects irregularity in VOXEL-USDT futures, rolls back accounts