Audits

Users Say Their Money Is Stuck at BitMart — Its Founder Wants to Talk About a Hacked Account Instead

Users are reporting that their funds are inaccessible on the cryptocurrency exchange BitMart, with withdrawals blocked since July 26. BitMart founder Sheldon Lee has attributed the issues to a hacked X account and fabricated rumors, rather than addressing customer demands for independent audits and fund verification. Investment firm Echo Base has offered a restructuring package, but BitMart has not responded, suggesting a potential legal resolution is inevitable for affected customers.