Topic
insolvency
2 stories
BitMart's founder calls the withdrawal claims a hack. He didn't say when users get paid.
BitMart founder Sheldon Lee says an X post alleging frozen withdrawals and unpaid staff came from a hacked company account, offering no answer on when users can withdraw, nine days before the exchange's final trading day.
AscendEX shuts down, warns users may not get their crypto back
Crypto exchange AscendEX ceased operations on July 1 and told users it cannot guarantee they will recover their full balances, citing MiCA non-authorization, a failed liquidity deal, and near-empty hot wallets flagged by on-chain investigators.