Megabit Announcement on the Termination of Communities and Users Involved in Illicit Arbitrage (2025.3.28)

Dear Users,

To maintain a fair and just trading environment, Megabit is committed to strengthening risk control measures and taking firm action against any behavior that disrupts market order.

Recently, our risk control system has detected and confirmed that certain users have engaged in illicit arbitrage by associating multiple accounts, exploiting vulnerabilities in small-cap trading services, and conducting abnormal transactions in violation of the Megabit Service Agreement, User Agreement, and platform risk control policies.

To protect the rights and interests of compliant users, Megabit maintains a zero-tolerance policy toward such violations and has decided to implement the following measures:

I. Violation Handling Measures

• Termination of Partners and Communities: The platform will terminate communities, partners, and related users involved in illicit arbitrage and simultaneously revoke the partnership privileges of other user UIDs under the affected communities.
• Handling of Risk-Control UIDs Involved in Arbitrage: For further details, please refer to the relevant historical announcements.

The affected communities, partners, and UIDs subject to partnership privilege termination are as follows:

1023366、1003448、1024436、1030562

UIDs subject to partnership privilege：

1031090、1023407、1027533、1027238、1027066、1008724、1008669、1008589、1008544、1006195、1005611、1005139、1004987、1004872、1004871、1004870、1004869、1004868、1004724、1004610、1004607、1004606、1004604、1004603、1004602、1004601、1004600、1004552、1004551、1004550、1004549、1004547、1004341、1004340、1004006、1003674、1003644、1003636、1003512、1003510、1003508、1003506、1003505、1003504、1003502、1003501、1003441、1003440、1029663、1030261、1030497、1030885

II. Official Warning

Megabit will continue to enhance its risk control monitoring and will take strict action against any individuals or groups found engaging in illicit arbitrage through false identities, abnormal transactions, or other prohibited means. Any violations detected will be dealt with in accordance with platform policies.

III. User Guidance

• Protection of Compliant Users' Rights: This enforcement action does not affect users who adhere to platform rules and engage in lawful trading activities.

Megabit remains committed to a technology-driven, fair trading ecosystem and will continue to crack down on any activities that disrupt market order, ensuring the security and rights of all compliant users.

Thank you for your understanding and support.

If you have any questions, please do not hesitate to contact the official Megabit support team.

Megabit Team
March 28, 2025

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