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

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

Crypto exchange BitMart said it will hire restructuring lawyers and explore creditor distributions and a phased restart weeks after it announced plans to shut down in July.

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 ...

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

BitMart recently told its users that it is weighing a “potential restructuring and business resumption plan.” The company ...

BitMart has hired White & Case as restructuring counsel less than a month after announcing a full shutdown. The exchange now ...

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

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

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