BitMart Misses Roadmap Deadline and Appoints Financial Adviser
The adviser will review BitMart’s finances and withdrawal limits as the exchange weighs an orderly withdrawal, phased restart and third-party proposals.
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Cryptocurrency News | Cryptocurrency Prices | Market CapBitMart appoints A&M to review assets and withdrawals
BitMart appointed Alvarez & Marsal to review its finances and withdrawal arrangements, promising an action plan within three weeks.
Key points of the news: BitMart appointed Alvarez & Marsal as a financial advisor on September 9, the deadline that the exchange had self-imposed to publish its roadmap. The exchange did not present its asset inventory, recovery estimate or withdrawal schedule, and promised a feedback portal in five months of the year. ... Read more
Crypto Breaking News
BITRSSBitMart Misses Roadmap Deadline, Names Financial Adviser
BitMart has appointed restructuring and turnaround firm Alvarez & Marsal as its financial adviser, a move it said it made ahead of a self-imposed Sept. 9 update deadline. However, the exchange has not yet published the restructuring and business resumption roadmap it previously said it was preparing. In its announcement Wednesday, BitMart said Alvarez & [...]
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