Web3
BitMart Insolvency Claim Surfaces as Withdrawals Freeze and Shutdown Looms
The Cryptonomist·August 10, 2026·1 min read
BitMart, a long-running centralized crypto exchange, faces a fresh insolvency claim amid a multi-stage shutdown that has frozen new deposits and triggered withdrawal complaints. The accusation comes from a co-founder of OpenGradient, whose market-making team says it cannot pull funds. The situation has spooked token holders and raised concerns about the exchange's solvency.
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