▼ Bearish

BitMart Founder Denies Asset Misappropriation Amid Frozen Withdrawals

8 Aug 2026· CLOM Newsroom· CLOM· 1 min readMARKET

Sheldon, the founder of BitMart, has publicly denied claims of misappropriating assets from the exchange.

This statement comes as the platform continues to experience frozen withdrawals, affecting its users.

The situation has raised concerns within the crypto community regarding the exchange's operational integrity.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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