BitMart’s Internal Clash Intensifies With Public Repayment Pressure
TL;DR
- BitMart’s official Chinese account demanded that founder Sheldon Xia present a reimbursement plan before August 19 or face regulatory complaints.
- Xia dismissed the accusations about unpaid salaries and blocked withdrawals as “fabricated rumors” and announced legal action against those behind the posts.
- Wallets tracked by Arkham and attributed to the exchange dropped from $102 million on July 6 to the current $36.5 million.
The internal conflict at BitMart escalated publicly after its official Chinese-language account on platform X demanded that founder Sheldon Xia explain the fate of user funds and present a reimbursement plan before Wednesday, August 19.
The post, whose authorship has not yet been confirmed, stated that some users were still unable to withdraw their funds and that certain employees had not received their final salary or any compensation. It also demanded that Xia disclose the exchange’s wallets, assets, liabilities, and available reserves.
夏爾特、李伊，你們欠全球 BitMart 用戶跟員工一個交代。@sheldonbitmart @BitMartExchange
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (crypto-economy.com).
