Tag
BitMart
6 articles
BitMart Reverses Shutdown Plan, Targets Sept. 9 Restart Roadmap
The exchange that announced wind-down last month hired White & Case and plans to detail restructuring and creditor payouts by Sept. 9, but faces employee wage claims and founder resistance to reserve disclosure
BitMart Reverses Course, Explores Creditor Payouts 5 Days Before Shutdown Deadline
The crypto exchange announced a restructuring plan and potential phased restart on Friday, abandoning its July 26 exit plan just days before the August 26 trading halt deadline
BitMart Reverses Shutdown, Plans Creditor Payouts Before Aug. 26 Deadline
The exchange abandoned its full exit plan five days before its trading halt, hiring restructuring counsel and signaling balance sheet issues that contradicts analyst calls for a market bottom.
BitMart Founder Calls Fund Claims 'Fabricated' as Binance bStocks Hit $624M
BitMart's Chinese X account set an Aug. 19 deadline for founder Sheldon Xia to disclose assets, as Binance's tokenized stock product crossed $624M in under two months.
BitMart Founder Breaks Silence as $69M in User Assets Face Withdrawal Freeze
Sheldon says the core team is working on asset reviews and system maintenance, denying misappropriation as users report blocked withdrawals and staff go unpaid.
BitMart Withdrawals Lag as Exchange Wallets Drop to $69M, BMX Token Down 81.5%
BitMart's publicly known crypto reserves fell 84.7 percent to $69 million after its wind-down announcement, triggering withdrawal delays across the platform.