Bitget customer accuses exchange of stealing $200k from account

An aggrieved customer has accused crypto exchange Bitget of theft and stated that the platform moved to freeze their account.

Bitget accused of theft

A Bitget customer with username “EvanLuthra” took to Twitter on March 31, 2023 to label the crypto exchange a scam, claiming that the platform “illegally stole” $200,000 from them and also moved to freeze the user’s account without giving a reason.

The customer also warned people to be cautious of the exchange and withdraw all their funds, stating that nearly half of their reserves were in Bitget’s native token, BGB, while alleging that the firm was dumping its tokens on the market.

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Other commenters in the twee post seem to have the same experience, with one person stating that they were defrauded $2,000 by Bitget’s copy trade platform.

EvanLuthra also said that Bitget is the next FTX, the once giant cryptocurrency exchange which collapsed 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 exchanges like Binance and OKEx with well-known track records and real offices.”

Aggrieved Bitget customer

The development comes shortly after Bitget announced plans to pump $30 million into its multichain wallet BitKeep. The crypto exchange also partnered with Space and Time to enable verifiable tamper-proof auditing.

Meanwhile, neither Bitget nor the aggrieved customer responded to crypto.news request for comments at the time of writing.

Read more: Bitget shares Proof of Reserve, unveils Merkle Validator