BitMart founder denies exit scam as withdrawals stall

BitMart customers are complaining that withdrawal requests are still pending weeks after the crypto exchange’s self-described “orderly wind-down” on July 26. 

BitMart promised, “Withdrawal services will remain available.” Two weeks later, a customer who requested a withdrawal claims it still has his millions.

“WHERE IS OUR MONEY?” asked the customer. The appeal received over 150,000 views on Sunday. “$10.1 million on BitMart. Since July 26, I haven’t been able to withdraw single dollar.”

He also claims that his BitMart VIP manager, “Tony,” deleted his Telegram account on the day withdrawals stalled. He added, “Tens of thousands of people have been waiting for their funds since July 26.”

Smaller account holders have posted similar complaints on social media. Another customer said BitMart released just $5 of his roughly $24,000 withdrawal request on Saturday. He asked, “This is a joke, right?” and called the process “more like a letdown than a wind-down.”

Complaints extend well beyond individuals. Crypto project Gen6 said it filed a complaint with Hungarian police over some $80,000 in withdrawals requests “refused without explanation since Jul 26.”

… Continue reading the full article at the original source below.