Deep Tide TechFlow message: On August 08, following the shutdown of BitMart that left a large number of users unable to withdraw funds and reports of unpaid employee wages, BitMart’s founder Sheldon responded on the X platform after several days of silence. He said he has not run off, and that the core team is still handling the related work.
Sheldon said the team is conducting asset inventory, consolidating assets, and system maintenance, with the goal of completing the wind-down in an orderly manner. He urged users to wait for subsequent announcements.
He also denied any wrongdoing such as misappropriating user assets, rushing to leave early, or fleeing, and said he has considered involving the court and a third-party audit firm. In the future, the relevant situation will be disclosed through transparent reports.
Sheldon said the team is conducting asset inventory, consolidating assets, and system maintenance, with the goal of completing the wind-down in an orderly manner. He urged users to wait for subsequent announcements.
He also denied any wrongdoing such as misappropriating user assets, rushing to leave early, or fleeing, and said he has considered involving the court and a third-party audit firm. In the future, the relevant situation will be disclosed through transparent reports.