{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,8,14]],"date-time":"2026-08-14T15:39:23Z","timestamp":1786721963391,"version":"build-2736575974"},"posted":{"date-parts":[[2026]]},"group-title":"SSRN","reference-count":0,"publisher":"Elsevier BV","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"abstract":"<jats:p>On 20 April 2025 the centralised cryptocurrency exchange Bitget detected what it characterised as abnormal trading activity in its VOXELUSDT perpetual futures market. Within forty-eight hours Bitget had suspended accounts, reversed trades, and announced compensation. One counterparty disputed the exchange's account and announced legal action. This paper documents the incident from primary sources. It records the dated sequence of Bitget's public statements, the contractual provisions Bitget invoked, the counterparty's public response, the comparison case of Hyperliquid's JELLY incident, and the corresponding finality and reversal provisions in the published terms of four peer venues (Binance, Bybit, Hyperliquid, CME). The comparative record shows that the crypto venues examined generally reserve broad discretionary reversal powers while publishing comparatively limited ex ante procedural constraints relative to the CME framework examined. The paper's contribution is a structured factual record, including a comparative table, that practitioners, regulators, and researchers can cite.<\/jats:p>","DOI":"10.2139\/ssrn.6775019","type":"posted-content","created":{"date-parts":[[2026,5,20]],"date-time":"2026-05-20T08:52:12Z","timestamp":1779267132000},"source":"Crossref","is-referenced-by-count":0,"title":["Trade Reversal and Disputed Finality on a Centralised Crypto Exchange: A Documentary Case Study of the Bitget VOXEL Incident"],"prefix":"10.2139","author":[{"ORCID":"https:\/\/orcid.org\/0009-0005-8477-9393","authenticated-orcid":true,"given":"Boon Chuan","family":"Lim","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"78","container-title":[],"original-title":[],"deposited":{"date-parts":[[2026,8,14]],"date-time":"2026-08-14T15:18:12Z","timestamp":1786720692000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.ssrn.com\/abstract=6775019"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2026]]},"references-count":0,"URL":"https:\/\/doi.org\/10.2139\/ssrn.6775019","relation":{},"subject":[],"published":{"date-parts":[[2026]]},"subtype":"preprint"}}