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Bitget releases a statement regarding abnormal trading in the VOXEL/USDT contract trading pair

ChainCatcher news, according to official information, Bitget has released a statement regarding the abnormal trading of the VOXELUSDT contract trading pair, which states: "During the period from April 20, 2025, 16:00 to 16:30 (UTC+8), we observed abnormal trading volume and transaction prices for the VOXELUSDT contract trading pair on the Bitget platform.After investigation, it was found that some users' suspected market manipulation behaviors during this period triggered the platform's risk control system. The trading, deposit, and withdrawal functions of the related accounts have been temporarily suspended, while other users are unaffected, and the platform's funds are completely secure.To maintain a safe and fair trading environment, we will carry out risk control measures on the accounts involved in abnormal trading within the next 24 hours and will restore the restricted functions of the relevant accounts once completed. Additionally, for users who actively participated in VOXELUSDT contract trading and incurred losses on that contract position during the period of April 20, 16:00 to 16:30 (UTC+8), a corresponding compensation plan will be launched. Please contact Bitget's official customer service to submit a ticket.In the future, Bitget will continue to optimize the risk control system and implement more security measures to protect the rights and interests of the majority of users. Thank you for your support and understanding."
17 小时前

A U.S. judge has suspended cryptocurrency regulation lawsuits against the SEC from 18 states

ChainCatcher news, according to CoinDesk, on Wednesday, a federal judge in the United States agreed to pause the lawsuit filed by 18 state attorneys general and a DeFi lobbying group against the Securities and Exchange Commission (SEC), after all parties noted that the SEC's new leadership was in place. Last November, after Trump won the 2024 presidential election, these state attorneys general (all Republicans) filed the lawsuit in conjunction with the DeFi Education Fund. They accused the federal securities regulator of overstepping its authority in suing cryptocurrency exchanges. In documents submitted on Wednesday, the SEC stated that the lawsuit could come to an end following the confirmation of Paul Atkins as the new agency chair. The judge ordered the parties to submit a joint status report within 30 days, but paused all deadlines for 60 days.On Wednesday, another lawsuit filed by the DeFi Education Fund, the Texas Blockchain Council, and the Blockchain Association against the Internal Revenue Service (IRS) was also dismissed. This lawsuit argued that the IRS's DeFi broker rules exceeded the agency's authority. Last week, Trump signed a resolution passed jointly by the House and Senate under the Congressional Review Act to repeal this rule. In documents submitted on Wednesday, the parties stated that the lawsuit had become "meaningless" after Trump signed the resolution.
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