BitMart founder Sheldon Lee has dismissed calls for an audit of the exchange, even as users report blocked funds and unpaid employees. Lee also claimed that a Chinese-language X account making those claims was hacked.
User Complaints Mount
Users are reporting that they cannot withdraw funds from BitMart, and some say employees haven't been paid. The complaints have been circulating on social media, with users demanding that the exchange disclose its wallets, assets, and liabilities. So far, BitMart has not provided any such disclosure.
Lee's Response
In response to the growing pressure, Sheldon Lee dismissed the calls for an audit. He also said that a Chinese-language X account that has been making these claims was hacked. Lee did not provide evidence to back up the hacking claim, and the account in question continues to post.
What Users Want
The demands are straightforward: BitMart should publish its wallet addresses, show what assets it holds, and clarify its liabilities. Without that, users say they have no way to know if their funds are safe. The exchange has not announced any plans to comply.
The situation remains unresolved. Users are waiting for BitMart to either address the hacking claim or release the requested financial details. Neither has happened yet.
