Bitget: Freezes Manipulation Profits for Users
Bitget freezes profits from market manipulation by projects or makers, redistributing funds to affected users rather than booking as revenue.
SourceAnalysis
Bitget will freeze profits generated through market manipulation of any project or their market maker and redirect those proceeds to affected users plus platform protection measures instead of counting them as exchange revenue. The announcement follows extreme volatility in select trading pairs, with the platform urging community reports of suspicious activity to risk_report@bitget.com or direct messages to @GracyBitget. This policy strengthens crypto exchange anti-manipulation measures and reinforces user fund protection across volatile pairs.
Gracy Chen @Bitget
@GracyBitgetFormer TV host turned #BGB hodler| World traveler ✈| CEO at @bitgetglobal🫡 | Writing daily #crypto insights with tips on personal growth and finance ✍️