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AVOID.NET

v2 → v3

Scores

trust_score9 → 7
severity_base— → —
score_modifier0 → -1.68

Sections

Shutdown Announcement and Timeline

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CEO Termination and Governance Concerns

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Withdrawal Delays and User Fund Concerns

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On-Chain Reserve Concerns

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BMX Token Collapse

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2021 $196 Million Hot Wallet Hack

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Alleged 2025 Data Breach

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Regulatory and Compliance History

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Industry Context: Wave of Exchange Closures in July 2026

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User Action Guidance

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Timeline events

No timeline changes.

Accepted submissions

+ addedurlincriminating{"url":"https://www.coindesk.com/markets/2026/07/26/crypto-exchange-bitmart-to-shut-down-after-nine-years-bmx-token-crashes-58","kind":"url"}

Each version is bound to the decision event that created it. Verify the chain anchor for either via the audit log.

v2 hash: DTQL7GpUeqd3JYSMWJXhZb8naBSoxfMQdt77rN59xF1k
v3 hash: 7qvfgoJqfxntUdxaMZaTUrbSqu1Hsr2p59843TEmBJgx