Bitget, a cryptocurrency exchange, has been accused of theft by a disgruntled user, who claims the platform has frozen their account.
On March 31, 2023, a Bitget user going by the handle “EvanLuthra” tweeted that the cryptocurrency exchange was a scam and that it had “illegally stolen” $200,000 from them. It also announced plans to freeze the user’s account without providing a justification.
A customer who claimed to have almost half of their reserves in Bitget’s native token, BGB, while accusing the company of dumping its tokens on the market, advised others to be wary of the crypto exchange and also withdraw all of their money.
Other commenters on the twee post appear to have had a similar experience; one person claimed that Bitget’s copy trade platform defrauded them of $2,000 in cash. Moreover, EvanLuthra said that Bitget is the replacement for FTX, the once-dominant cryptocurrency exchange that went under in November 2022.
“If they can do this to me, they can do this to anyone. Bitget is the next FTX in the making. Do not lose your hard-earned money. If you want to trade plenty of other solid and trusted crypto exchanges like Binance and OKEx with well-known track records and real offices.”
Shortly after the exchange, Bitget announced plans to invest $30 million in its multichain wallet BitKeep, a new development has occurred. In order to enable verifiable, tamper-proof auditing, the cryptocurrency exchange also collaborated with Space and Time.