BitMart CEO Calls Accusations Fabricated as Users Report Frozen Withdrawals
BitMart's CEO Sheldon Lee has fired back at allegations that the company's withdrawal issues are fabricated, stating the accusations are baseless rumors. Following a public campaign demanding answers, Lee said the company would file a police report and ask for forensic analysis from X. However, the response offered no specifics on reserves, liabilities, or repayment schedules.
On-chain investigator ZachXBT questioned why the company wasn't immediately returning funds instead of making vague statements. The deadline for withdrawals is August 26, with access to the platform ending in January 2027.
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