BitMart reverses wind-down plans, exploring restructuring with White & Case. Trading ends Aug 26, BMX down 80%, but users ...

Sheldon Lee says a Chinese-language X account making the claims was hacked. Users want wallets, assets, and liabilities ...

The closing down of BitMart has turned into a test of trust for the crypto exchange industry as a whole. Current and former ...

The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by September 9.

BitMart has already stopped accepting new registrations and deposits, and all trading services will be shut down next month.

BitMart users and employees are seeking answers about the crypto exchange’s assets, liabilities and ability to process ...

BitMart published its exit plan on July 26. New sign-ups, deposits, and new orders stopped the same morning. The schedule was ...

BitMart is now looking at a restructuring plan instead of fully shutting down the exchange, but the latest update has left ...

BitMart's Chinese-language X account demanded founder Sheldon Xia disclose assets. Arkham-tracked wallets hold $36.5M, down ...

BitMart founder Sheldon Xia faces a 19 August deadline to disclose frozen user funds and unpaid salaries as the exchange winds down.

BitMart’s Chinese-language X account demanded asset disclosures and a repayment plan from Sheldon Xia, who called the post’s ...