OpenGradient Co-Founder Alleges BitMart Insolvency as Funds Remain Frozen
OpenGradient co-founder and CEO Matthew Wang said his market-making team has funds stuck on BitMart that it is unable to withdraw, alleging that the crypto exchange is insolvent. He also accused BitMart of asking token holders to lock assets on the platform roughly a week before announcing its shutdown, claiming the campaign was primarily aimed at attracting liquidity. The allegations have not been independently verified, and BitMart has not directly responded to Wang’s claims.
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