As far as I know, Evan Illicitly sold a massive amount of $Reelt all at once, causing a significant price dump that negatively affected almost all the investors of $Reelt. I'd suggest you to go through the vesting schedule (provided in the thread) to understand it.
However, later on, Bitget compensated the impacted users. No CEX wants to harm an entire community. Hopefully this thread will help you understand the whole story >
https://twitter.com/CryptoAdviceCT/status/1654533419441983488?t=VODt1vx2IQIKNCdDjv49UQ&s=19Hmm, Haha this is what we call the resulting so-called centralization and lame excuses. Buddy what the hell they had to do with the user's funds it's an open market, but if a person having a large number of tokens wants to sell them off, it's his property he can do whatever he wants to, this is just lame excuse because the community so-called if they really know the risks they must analyze the tokenomics of the project well before investing and it's a volatile market price keeps fluctuating, even if it dumps to 99% who the hell are the exchanges to intervening in the market.
I know for some level it's true if a person wants to dump all in and some report it and stop it can stop the loss of the entire community but the community should know itself before investing the risk of the manipulation in the market and volatility. Wat if they compensated but lost the trust of users as they can freeze their accounts they violated the standards of the users intentionally. Who wants to trust an exchange that can freeze your account on such lame excuse.