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BitMart Appoints Alvarez & Marsal as Advisor to Manage Withdrawals
The digital asset trading platform BitMart has officially announced the appointment of Alvarez & Marsal (A&M) as its lead financial advisor. This strategic move aims to facilitate a comprehensive assessment of the excha…
BitMart Announces Phased Restructuring Plan to Resume Operations
The cryptocurrency exchange BitMart has officially announced a strategic shift toward a potential restructuring plan, aiming to avoid full liquidation and resume business operations in stages. According to an official s…
BitMart Employees Demand Transparency on User Funds and Unpaid Salaries
The centralized cryptocurrency exchange BitMart is facing internal turmoil as individuals claiming to be employees issued a public accountability statement via the platform's official social media channel. The group has…
BitMart Faces Insolvency Allegations as OpenGradient Reports Trapped Funds
The centralized exchange BitMart is facing serious allegations regarding its financial stability following reports of withdrawal halts affecting institutional partners. Matthew, the co-founder of OpenGradient, publicly …
BitMart Founder Denies Exit Scam Allegations Amid Asset Liquidation Phase
The founder of the cryptocurrency exchange BitMart, known as Sheldon, has issued a public statement to address growing concerns regarding the platform's recent shutdown and the resulting suspension of user withdrawals. …
BitMart Asset Reserves Plunge to $2.3M Ahead of Platform Closure
The cryptocurrency exchange BitMart has experienced a drastic reduction in its publicly disclosed on-chain asset reserves, according to recent blockchain data. This significant liquidity outflow occurred just days prior…
BitMart Launches Fixed Savings for Aleo Stablecoins USAD and USDCx
The digital asset exchange BitMart has officially expanded its financial product suite by introducing fixed-term savings options for two prominent stablecoins within the Aleo ecosystem. Starting April 2026, users can su…