Wu Blockchain (@WuBlockchain): Bitmart Founder Responds After Shutdown Causes Withdrawal Issues

Bitmart Founder Responds After Shutdown Causes Withdrawal Issues Following widespread user withdrawal issues and unpaid employee wages after Bitmart suspended operations, founder Sheldon broke his silence on X after several days, stating that he has not disappeared and that the core team is still conducting asset reviews, asset consolidation, and system maintenance. He said the goal is to complete an orderly wind-down and asked users to wait for further announcements. Sheldon denied misappropriating assets, withdrawing funds ahead of users, or fleeing, adding that the company is considering involving courts and third-party auditors to provide a transparent report.