Crypto exchange BitMart is considering a partial restart and payouts to creditors weeks after it announced a shutdown, according to CoinDesk. The exchange has hired White & Case as restructuring counsel, a step that points to formal planning around its next phase. A more detailed roadmap is expected by Sept. 9. The report does not specify how broad a restart BitMart is considering or what payout structure may be used for creditors, but it indicates that both options are under review. The update comes after the exchange’s earlier shutdown announcement and sets a near-term deadline for greater clarity on its restructuring process.
Crypto exchange BitMart is considering a partial restart and payouts to creditors weeks after announcing its shutdown, according to CoinDesk.
The exchange has hired White & Case as restructuring counsel, and a more detailed roadmap is expected by Sept. 9.
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