BitMart Faces New Scrutiny After Roadmap Slip And Adviser‑Led Operational Review

TL;DR

• BitMart appointed Alvarez & Marsal as financial advisor on September 9, the self-imposed deadline the exchange had set to publish its roadmap.
• The exchange did not present its asset inventory, recovery estimate, or withdrawal timeline, and promised a feedback portal within five business days.
• Echo Base, an ad hoc creditor committee, described the decision as positive but warned that only new deadlines arrived, with no concrete information.

BitMart appointed Alvarez & Marsal as its financial advisor on Wednesday, September 9, 2026, the date the exchange itself had set as the deadline to present a restructuring and operational resumption roadmap. The promised document was not published.

According to the official statement, Alvarez & Marsal will work alongside the exchange’s legal advisors to evaluate its assets, financial position, stakeholder issues, and possible paths forward. The review will also consider proposals from unidentified third parties, as the platform reported through its X account.

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