Alert: Reports Are Coming In About a Cryptocurrency Exchange Going Bankrupt!

cryptonews.ruОпубліковано о 2026-08-11Востаннє оновлено о 2026-08-11

Анотація

Reports indicate potential bankruptcy at cryptocurrency exchange BitMart. Matthew Wang, co-founder and CEO of OpenGradient, claims the exchange is facing withdrawal difficulties, with his market-making team unable to access balances or process withdrawals, raising serious concerns about BitMart's financial health. Wang alleges that approximately a week before announcing its closure, BitMart contacted token projects to run campaigns encouraging token holders to lock their assets on the exchange for six months, offering around 15% annual yield. Wang characterized this last-minute move as a step taken to secure liquidity before the shutdown, suggesting it was an effort to keep funds on the platform.

Matthew Wang, co-founder and CEO of OpenGradient, stated that BitMart is having difficulties with payouts, claiming that their market maker team cannot withdraw funds stored on the exchange.

Wang stated on social media that his team was unable to access the balances on BitMart accounts and could not process withdrawal requests. The OpenGradient executive claimed this raises serious questions about BitMart's financial health.

Wang stated that OpenGradient's market maker team could not withdraw their funds stored on BitMart.

The CEO of OpenGradient stated that the exchange is "going bankrupt" and that the company cannot withdraw its funds from the platform.

Reportedly, BitMart Requested Token Holders to Lock Up Their Assets.

Wang also stated that approximately a week before the closure announcement, BitMart offered some token-utilizing projects campaigns encouraging token holders to lock up their assets on the exchange.

In a screenshot shared by Wang, an account presumably communicating on behalf of BitMart can be seen, offering token holders a six-month locked staking promotion.

The published message indicates that the campaign's annual return is approximately 15 percent, and that one of the goals is to encourage long-term token holding and reduce short-term selling pressure.

The CEO of OpenGradient stated that BitMart used these promotional campaigns to encourage users to store assets on its platform.

Wang characterized the decision to ask token holders to lock up their assets shortly before the exchange's closure as "a step taken to secure liquidity."

*This is not investment advice.

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Пов'язані питання

QWho is Matthew Wang and what did he claim about BitMart?

AMatthew Wang is the co-founder and CEO of OpenGradient. He claimed that BitMart is having trouble with payouts, stating that his team of market makers cannot withdraw funds held on the exchange, which raises serious questions about BitMart's financial health.

QWhat specific problem did the OpenGradient team encounter with BitMart according to the article?

AAccording to the article, the OpenGradient team was unable to access account balances on BitMart and could not process withdrawal requests, preventing them from withdrawing their funds.

QWhat action did BitMart reportedly take regarding token holders shortly before the reported shutdown?

AShortly before the reported shutdown, BitMart reportedly asked token holders to lock up their assets on the exchange, offering a six-month locked staking campaign with an approximate annual return of 15 percent.

QWhat was the stated goal of BitMart's campaign to lock up tokens, according to the shared message?

AAccording to the shared message, the stated goals of the campaign were to encourage long-term token holding and reduce selling pressure in the short term.

QHow did Matthew Wang characterize BitMart's request for token holders to lock assets just before closing?

AMatthew Wang characterized BitMart's request for token holders to lock their assets shortly before the exchange's closure as a 'step taken to secure liquidity'.

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