BitMart Founder Denies Withdrawal and Salary Issues, Trading Ends Aug 26

TREE NEWS reports: BitMart founder Sheldon Lee dismissed claims of blocked withdrawals and unpaid July salaries as fabricated rumors, noting the exchange’s Chinese account was hacked. Critics including ZachXBT demand restored withdrawals or an independent audit, while BitMart winds down operations with a final trading day of August 26. Troubled firm Echo Base says its funded restructuring proposal went unanswered, potentially leading to court proceedings for customer claims.