BitMart: Currently formulating a potential restructuring plan, aiming to gradually resume partial operations

BitMart announced that it is developing a potential restructuring plan as an alternative to a complete shutdown. This plan may include a phased restoration of some operations under an orderly arrangement and distribution to creditors, but further legal, financial, operational, and regulatory assessments are still needed.

BitMart has appointed White & Case as its restructuring legal advisor to assist in evaluating feasible options and developing a framework for restructuring and phased restoration of operations. BitMart stated that it is currently working with advisors to formulate a roadmap and will strive to provide further updates by September 9, 2026.