BitMart founder Sheldon has responded on X to swirling rumors that said the exchange had gone silent, was dealing with asset issues, or had leaked internal information. He said BitMart has not disappeared, and the team is still working on asset inventory, consolidation, and system maintenance. Sheldon acknowledged that the market has recently been full of unverified claims, including information and screenshots described as coming from former or current employees, and he urged users not to trust content that has not been verified. He added that BitMart's core team is carrying out asset checks and consolidation while maintaining systems, with the goal of making sure the platform can finish its follow-up arrangements in an orderly way. Progress will be shared through official announcements and updates, he said. On fund safety, Sheldon stressed that BitMart has not misappropriated assets and has not withdrawn funds early or taken steps to dodge responsibility. The team is now considering bringing in judicial authorities and an independent third-party auditor to review the situation and release a transparent report.
Sheldon: BitMart is not gone
BitMart founder Sheldon took to X to address a wave of rumors about the platform — claims that it had gone silent, that user assets had been mishandled, and that internal information had leaked. He said BitMart has not disappeared, and the team continues to push forward with asset inventory, consolidation, and system maintenance.
Sheldon said the market has recently seen plenty of unverified rumors, including messages and screenshots attributed to former or current employees. Users should not take such unchecked content at face value. BitMart's core team is now checking and consolidating its assets while keeping systems running, so the platform can complete its next steps in an orderly manner. Official announcements and updates will keep users informed of progress.
On asset security, Sheldon emphasized that BitMart has not misappropriated users' funds, and that it has not withdrawn funds in advance or taken measures to evade responsibility. The team is considering bringing judicial authorities and an independent third-party auditing firm into the process to review the situation and publish a transparent report.
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