Audit log

Every state-changing event for BitMart Exchange: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-07-26 17:05:52Z
   Score: ? → ? (no score change)
   anchorpending

   chain

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   hash

   5Rn5YKU141j7…8tZ54f94copysha256 → base58

   verifying row…

   canonical bytes (25998 B) ▸

   {"actor":"system:backfill","investigation_id":"79b0dc93-23eb-4d30-9963-5fbf898bad82","kind":"publish","page_slug":"bitmart-exchange","published_at":"2026-07-26T17:05:52.491Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"BitMart Exchange","sections":[{"content":"BitMart was founded in 2017 by Sheldon Xia, a computer scientist who had previously launched DSCoin in 2013 and studied at Stevens Institute of Technology (MS, Computer Science, 2015-2017). The exchange became fully operational in 2018 and grew to serve users across more than 180 countries, listing over 1,700 cryptocurrency trading pairs at its peak. BitMart is incorporated in the Cayman Islands. Its U.S. operations were conducted through two domestic entities: Spread Technologies LLC and Bachi.Tech Corporation, the latter registered in Jersey City, New Jersey. The exchange issued its native ecosystem token BMX (originally launched as BMC in December 2017, renamed BMX in January 2018) as an ERC-20 asset on the Ethereum network with a total supply of 1 billion tokens. The company used 20% of quarterly profits for BMX buybacks and burns. In April 2025, Sheldon Xia transitioned from CEO to Group President, with Nenter Chow appointed Global CEO. BitMart US separately launched a CFTC-regulated prediction markets product in early 2026.","heading":"Background and Operations","severity":"low","sources":[{"credibility":2,"name":"BitMart Exchange Review 2026 — Liquidity Finder","type":"research","url":"https://liquidityfinder.com/insight/crypto/bitmart-review-2025"},{"credibility":2,"name":"BitMart Announces Leadership Transition: Sheldon Xia to Group President, Nenter Chow Appointed Global CEO — GlobeNewswire","type":"official","url":"https://www.globenewswire.com/news-release/2025/04/23/3066786/0/en/BitMart-Announces-Leadership-Transition-Sheldon-Xia-to-Group-President-Nenter-Chow-Appointed-Global-CEO.html"},{"credibility":2,"name":"Sheldon Xia — Crunchbase Person Profile","type":"other","url":"https://www.crunchbase.com/person/sheldon-xia"}]},{"content":"On July 26, 2026, BitMart announced it would commence an 'orderly wind-down' of its trading platform, citing 'a careful evaluation of the Company's operating conditions, market environment, and future strategic direction' — without specifying any concrete cause such as insolvency, regulatory action, or a security breach. New user registrations, deposits, and new orders were suspended immediately at 01:30 UTC on July 26, 2026. All spot and futures trading is scheduled to cease at 01:00 UTC on August 26, 2026, giving users a one-month window to close positions. Futures accounts were placed into reduce-only mode immediately. All withdrawal services are to remain available through January 31, 2027, though BitMart's announcement warned that 'requests may face extra compliance and identity checks' and possible delays during high-volume periods. Users with outstanding positions, staking balances, lending positions, or Launchpad commitments face staggered wind-down schedules. The exchange reported approximately $1.6 billion in 24-hour trading volume at the time of the announcement. BitMart is the third centralized exchange to announce closure within approximately two weeks of the announcement, alongside BitMEX and EXMO.","heading":"2026 Shutdown Announcement and Immediate User Risk","severity":"critical","sources":[{"credibility":2,"name":"Crypto exchange BitMart to shut down after nine years, BMX token crashes 58% — CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2026/07/26/crypto-exchange-bitmart-to-shut-down-after-nine-years-bmx-token-crashes-58"},{"credibility":2,"name":"BitMart Winds Down Trading as Exchange Closures Pile Up — Finance Magnates","type":"news_article","url":"https://www.financemagnates.com/cryptocurrency/exchange/bitmart-winds-down-trading-as-exchange-closures-pile-up/"},{"credibility":2,"name":"BitMart to wind down exchange, end trading by Aug. 26 — LCX Crypto News","type":"news_article","url":"https://lcx.com/en/cryptonews/bitmart-to-wind-down-exchange-end-trading-by-aug-26"},{"credibility":2,"name":"BitMart Shuts Down After 8 Years — Third Crypto Exchange To Close This Month — TradingView/StockTwits","type":"news_article","url":"https://www.tradingview.com/news/stocktwits:92f8c1f98094b:0-bitmart-shuts-down-after-8-years-third-crypto-exchange-to-close-this-month/"}]},{"content":"A significant governance concern emerged alongside the shutdown announcement. Global CEO Nenter Chow publicly stated that he played no role in the July 26 shutdown decision. Chow disclosed that on July 24, 2026 — two days before the public announcement — he was informed that his role as Global CEO would be terminated, after which he ceased involvement in all company management, decision-making, and operations. Chow's public statement that actual decision-making power resided above the operational management level raises questions about the true ownership and control structure of the platform. The simultaneous nature of the CEO's removal and the platform's closure announcement has heightened user concerns about asset custody, internal control structures, and the transparency of the withdrawal process during wind-down. No public statement from Sheldon Xia or any controlling shareholder has addressed the circumstances of Chow's removal.","heading":"CEO Exclusion from Shutdown Decision","severity":"high","sources":[{"credibility":2,"name":"BitMart CEO Claims Not Involved in Shutdown Decision — ABAB News","type":"news_article","url":"https://www.ababnews.com/news/2f65e482-e69e-4f2c-a9ff-6f1a051e5539"}]},{"content":"BitMart's native exchange token BMX fell between 55% and 60% within 24 hours of the shutdown announcement on July 26, 2026, dropping to approximately $0.08, reducing its market capitalization to roughly $27 million. Prior to the announcement the token had already declined approximately 70% from its all-time high of approximately $0.62, reached in June 2024. BMX is an ERC-20 utility token whose sole stated purpose is providing trading fee discounts on the BitMart platform; with the platform closing, the token's utility is extinguished. Community reports on July 24-25, 2026 — prior to the official announcement — alleged unusual withdrawal delays, with users reporting multi-hour processing times for small USDT withdrawal requests and on-chain withdrawal freeze messages. These alleged delays preceded the official announcement by approximately 48 hours and are consistent with withdrawal rumors that contributed to the token's pre-announcement decline, though no official explanation for any early withdrawal restrictions has been provided.","heading":"BMX Token Collapse","severity":"high","sources":[{"credibility":2,"name":"BitMart's BMX Token Plummets 58% Amid Exchange's Phased Shutdown Announcement — Interactive Crypto","type":"news_article","url":"https://www.interactivecrypto.com/bitmart-s-bmx-token-plummets-58-amid-exchange-s-phased-shutdown-announcement-jul-2026"},{"credibility":2,"name":"BMX Token Crashes 46% as BitMart Announces Exchange Wind Down — BeInCrypto","type":"news_article","url":"https://beincrypto.com/bitmart-exchange-wind-down-bmx-crash/"},{"credibility":2,"name":"BMX rebounds off July 24 lows as Bitmart withdrawal-delay rumors circulate — Cryptopolitan","type":"news_article","url":"https://www.cryptopolitan.com/bmx-rebounds-bitmart-withdrawal-delay-rumor/"},{"credibility":2,"name":"BitMart shuts down trading as BMX crashes more than 60% — Crypto.News","type":"news_article","url":"https://crypto.news/bitmart-shuts-down-trading-as-bmx-crashes-more-than-60/"}]},{"content":"On December 4-5, 2021, BitMart suffered one of the largest centralized exchange hacks on record. Security firm PeckShield first identified the breach, estimating total losses at approximately $196 million: approximately $100 million drained from an Ethereum hot wallet and approximately $96 million from a Binance Smart Chain hot wallet. CEO Sheldon Xia confirmed in a public statement that the breach was 'mainly caused by a stolen private key' that compromised two hot wallets. The attackers used the decentralized exchange aggregator 1inch to swap stolen tokens — which included Binance Coin, Shiba Inu, Safemoon, and over 20 other assets — into Ether, then deposited the proceeds into Tornado Cash, a cryptocurrency privacy mixer, to obscure their identities. The stolen funds have not been reported as recovered. Xia pledged on December 6, 2021 that BitMart would compensate affected users from company funds, initially targeting a trading resumption by December 7, 2021. However, by January 2022, CNBC reported that a number of users had still not received compensation, with individual cases including an Iranian-American user who alleged losing $53,000 and facing ruin. Questions arose as to whether BitMart's valuation of approximately $300 million (based on its late 2021 $13.7 million Series B funding round) was sufficient to self-fund a $196 million reimbursement. BitMart subsequently launched a forensic bounty program through HackenProof offering up to $58 million for information leading to fund recovery; no public confirmation of successful recovery has been reported.","heading":"December 2021 Hot Wallet Hack — $196 Million","severity":"critical","sources":[{"credibility":2,"name":"BitMart CEO Says Stolen Private Key Behind $196M Hack — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2021/12/06/bitmart-ceo-says-stolen-private-key-behind-196m-hack"},{"credibility":1,"name":"Hackers take $196 million from crypto exchange Bitmart, security firm says — NBC News","type":"news_article","url":"https://www.nbcnews.com/tech/security/hackers-take-196-million-crypto-exchange-bitmart-security-firm-says-rcna7713"},{"credibility":1,"name":"BitMart says it will compensate victims of $196 million hack and restore trading by Tuesday — CNBC","type":"news_article","url":"https://www.cnbc.com/2021/12/05/hackers-take-196-million-from-crypto-exchange-bitmart-in-large-breach.html"},{"credibility":2,"name":"BitMart to Compensate Victims of $196M Hack With Own Funds — Decrypt","type":"news_article","url":"https://decrypt.co/87637/bitmart-compensate-victims-196m-hack-funds"},{"credibility":2,"name":"Bitmart Post-Incident Forensics Bounty Hunt — HackenProof","type":"other","url":"https://hackenproof.com/programs/bitmart-post-incident-forensics-bounty-hunt"}]},{"content":"In August 2022, Bloomberg reported that the Federal Trade Commission had opened a probe into BitMart's U.S. operators — Spread Technologies LLC and Bachi.Tech Corporation — marking the agency's first known crypto-sector investigation. The FTC issued civil investigative demands (CIDs) to both companies, seeking records related to: the nature of BitMart's data security representations to consumers prior to the December 2021 hack; the extent of user personal data compromised; whether the companies violated the Gramm-Leach-Bliley Act's privacy and safeguards provisions; and how the companies handled customer complaints after the breach. Both companies petitioned to quash the FTC's CIDs; the FTC Commission denied those petitions. No public enforcement action, settlement, or closure of the FTC investigation has been reported. The probe represented a significant regulatory escalation for a crypto exchange at the time of its initiation.","heading":"Federal Trade Commission Investigation","severity":"high","sources":[{"credibility":1,"name":"FTC Probes BitMart Exchange Hack, Marking US Agency's First Crypto Case — Bloomberg (via Securities Docket)","type":"regulatory","url":"https://www.securitiesdocket.com/2022/08/11/ftc-probes-bitmart-exchange-breach-marking-first-crypto-case/"},{"credibility":2,"name":"FTC Probes BitMart After $200M Theft at Crypto Exchange — BankInfoSecurity","type":"news_article","url":"https://www.bankinfosecurity.com/us-ftc-probes-bitmart-after-200m-theft-at-crypto-exchange-a-19782"},{"credibility":2,"name":"BitMart loses bid to limit FTC probe of deceptive/unlawful acts — CoinGeek","type":"news_article","url":"https://coingeek.com/bitmart-loses-bid-to-limit-ftc-probe-of-deceptive-unlawful-acts/"},{"credibility":1,"name":"FTC Commission Order Denying Bachi.Tech Petition to Quash — FTC.gov (PDF)","type":"regulatory","url":"https://www.ftc.gov/system/files/ftc_gov/pdf/2223050CommissionPTQOrderBachiTech.pdf"},{"credibility":2,"name":"FTC Probe Into $200M BitMart Hack Continues, Doc Block Denied — Blockworks","type":"news_article","url":"https://blockworks.co/news/ftc-probe-into-200m-bitmart-hack-continues-after-doc-block-denied"}]},{"content":"BitMart has accumulated a documented pattern of user complaints predating the 2026 shutdown. User reviews on Trustpilot and other consumer feedback platforms have reported: accounts frozen for extended periods preventing orders or withdrawals; withdrawals blocked until Level 2 KYC completion without advance notice; and allegations that the exchange listed fraudulent or scam tokens. A separate incident involved BitMart opening an internal investigation following a crypto project's allegation that it transferred listing fees but did not receive the contracted service — though investigators noted the payments may have been made to impersonators rather than to BitMart directly. Withdrawal delay reports intensified in the 48 hours before the July 26, 2026 shutdown announcement, with community members alleging multi-hour holds on small USDT withdrawals and on-chain freeze messages on inactive accounts. These alleged pre-announcement delays have not been officially confirmed or explained by BitMart.","heading":"User Complaints and Platform Risk History","severity":"medium","sources":[{"credibility":3,"name":"BitMart Reviews — Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/www.bitmart.com"},{"credibility":2,"name":"BMX token recovers from July 24 crash as Bitmart withdrawal delay rumors spread — CryptoNews","type":"news_article","url":"https://cryptonews.net/news/market/33202516/"},{"credibility":2,"name":"BitMart Investigates Listing Payment Dispute After Project Alleges Scam — Crypto Adventure","type":"news_article","url":"https://cryptoadventure.com/bitmart-investigates-listing-payment-dispute-after-project-alleges-scam/"},{"credibility":3,"name":"BitMart Read Customer Complaints and Reviews — Xolvie/Sikayetvar","type":"community_report","url":"https://www.sikayetvar.com/en/bitmart-us"}]},{"content":"BitMart's global platform historically blocked U.S. IP addresses and did not permit U.S. residents to use the international platform. U.S. access was enforced via IP blocking, with accounts subject to suspension if U.S. origin was detected on the global platform. A separate BitMart US entity launched in early 2026, offering a CFTC-regulated prediction markets product licensed across all 50 U.S. states and territories, with the exception of New York and Arizona. BitMart's global Simplex fiat payment integration separately restricted residents of Afghanistan, Cuba, Iran, North Korea, Sudan, Syria, and additional sanctioned jurisdictions. BitMart was incorporated in the Cayman Islands, a common offshore structure for crypto exchanges seeking to minimize regulatory exposure in major markets.","heading":"Geographic and Regulatory Restrictions","severity":"medium","sources":[{"credibility":2,"name":"BitMart Supported and Restricted Countries — Datawallet","type":"research","url":"https://www.datawallet.com/crypto/bitmart-restricted-countries"},{"credibility":2,"name":"Crypto Exchange BitMart US Launches Federally Regulated Prediction Markets — Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/markets/crypto/articles/crypto-exchange-bitmart-us-launches-210900455.html"}]}],"sources_used":[{"credibility":2,"name":"Crypto exchange BitMart to shut down after nine years, BMX token crashes 58% — CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2026/07/26/crypto-exchange-bitmart-to-shut-down-after-nine-years-bmx-token-crashes-58"},{"credibility":2,"name":"BitMart Winds Down Trading as Exchange Closures Pile Up — Finance Magnates","type":"news_article","url":"https://www.financemagnates.com/cryptocurrency/exchange/bitmart-winds-down-trading-as-exchange-closures-pile-up/"},{"credibility":2,"name":"BitMart's BMX Token Plummets 58% Amid Exchange's Phased Shutdown Announcement — Interactive Crypto","type":"news_article","url":"https://www.interactivecrypto.com/bitmart-s-bmx-token-plummets-58-amid-exchange-s-phased-shutdown-announcement-jul-2026"},{"credibility":2,"name":"BitMart CEO Says Stolen Private Key Behind $196M Hack — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2021/12/06/bitmart-ceo-says-stolen-private-key-behind-196m-hack"},{"credibility":1,"name":"Hackers take $196 million from crypto exchange Bitmart — NBC News","type":"news_article","url":"https://www.nbcnews.com/tech/security/hackers-take-196-million-crypto-exchange-bitmart-security-firm-says-rcna7713"},{"credibility":1,"name":"BitMart says it will compensate victims of $196 million hack — CNBC","type":"news_article","url":"https://www.cnbc.com/2021/12/05/hackers-take-196-million-from-crypto-exchange-bitmart-in-large-breach.html"},{"credibility":1,"name":"FTC Probes BitMart Exchange Hack, Marking US Agency's First Crypto Case — Bloomberg (via Securities Docket)","type":"regulatory","url":"https://www.securitiesdocket.com/2022/08/11/ftc-probes-bitmart-exchange-breach-marking-first-crypto-case/"},{"credibility":1,"name":"FTC Commission Order Denying Bachi.Tech Petition to Quash — FTC.gov","type":"regulatory","url":"https://www.ftc.gov/system/files/ftc_gov/pdf/2223050CommissionPTQOrderBachiTech.pdf"},{"credibility":2,"name":"BitMart loses bid to limit FTC probe — CoinGeek","type":"news_article","url":"https://coingeek.com/bitmart-loses-bid-to-limit-ftc-probe-of-deceptive-unlawful-acts/"},{"credibility":2,"name":"BitMart CEO Claims Not Involved in Shutdown Decision — ABAB News","type":"news_article","url":"https://www.ababnews.com/news/2f65e482-e69e-4f2c-a9ff-6f1a051e5539"},{"credibility":2,"name":"BMX rebounds off July 24 lows as Bitmart withdrawal-delay rumors circulate — Cryptopolitan","type":"news_article","url":"https://www.cryptopolitan.com/bmx-rebounds-bitmart-withdrawal-delay-rumor/"},{"credibility":2,"name":"BitMart to Compensate Victims of $196M Hack With Own Funds — Decrypt","type":"news_article","url":"https://decrypt.co/87637/bitmart-compensate-victims-196m-hack-funds"},{"credibility":2,"name":"BitMart Announces Leadership Transition — GlobeNewswire","type":"official","url":"https://www.globenewswire.com/news-release/2025/04/23/3066786/0/en/BitMart-Announces-Leadership-Transition-Sheldon-Xia-to-Group-President-Nenter-Chow-Appointed-Global-CEO.html"},{"credibility":2,"name":"BitMart Shuts Down After 8 Years — Third Crypto Exchange To Close This Month — TradingView","type":"news_article","url":"https://www.tradingview.com/news/stocktwits:92f8c1f98094b:0-bitmart-shuts-down-after-8-years-third-crypto-exchange-to-close-this-month/"},{"credibility":2,"name":"Bitmart Post-Incident Forensics Bounty Hunt — HackenProof","type":"other","url":"https://hackenproof.com/programs/bitmart-post-incident-forensics-bounty-hunt"},{"credibility":2,"name":"BMX Token Crashes 46% as BitMart Announces Exchange Wind Down — BeInCrypto","type":"news_article","url":"https://beincrypto.com/bitmart-exchange-wind-down-bmx-crash/"},{"credibility":2,"name":"BitMart's BMX Token Plummets 58% — CryptoBriefing","type":"news_article","url":"https://cryptobriefing.com/bitmart-bmx-token-crash-exchange-shutdown/"},{"credibility":3,"name":"BitMart Reviews — Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/www.bitmart.com"},{"credibility":2,"name":"Crypto Exchange BitMart US Launches Federally Regulated Prediction Markets — Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/markets/crypto/articles/crypto-exchange-bitmart-us-launches-210900455.html"},{"credibility":2,"name":"FTC Probes BitMart After $200M Theft — BankInfoSecurity","type":"news_article","url":"https://www.bankinfosecurity.com/us-ftc-probes-bitmart-after-200m-theft-at-crypto-exchange-a-19782"}],"summary":"BitMart is a centralized cryptocurrency exchange founded in 2017 by Sheldon Xia and incorporated in the Cayman Islands, which at its peak served users in over 180 countries and listed more than 1,700 cryptocurrencies. In December 2021, BitMart suffered one of the largest hot-wallet hacks in crypto history, losing approximately $196 million, which triggered a Federal Trade Commission investigation and raised unresolved questions about victim reimbursement. On July 26, 2026, BitMart announced it would wind down all trading operations by August 26, 2026 and fully close by January 31, 2027, citing vague 'operating conditions' while its CEO simultaneously disclosed he had been excluded from the shutdown decision — a combination of events that poses immediate fund-access risk for remaining users.","timeline":[{"date":"2017-12-01","event":"BitMart Token (initially named BMC) launched; later renamed BMX in January 2018 due to naming conflict.","source":"BitMart Token (BMX) historical data — CoinLore","source_url":"https://www.coinlore.com/coin/bitmart-token/historical-data"},{"date":"2018-01-01","event":"BitMart Exchange becomes fully operational under founder Sheldon Xia, incorporated in the Cayman Islands.","source":"BitMart Exchange Review 2026 — Liquidity Finder","source_url":"https://liquidityfinder.com/insight/crypto/bitmart-review-2025"},{"date":"2021-12-05","event":"Security firm PeckShield identifies a $196 million hot wallet hack affecting BitMart's Ethereum and Binance Smart Chain wallets. CEO Sheldon Xia confirms breach was caused by a stolen private key.","source":"Crypto Exchange BitMart Hacked With Losses Estimated at $196M — CoinDesk","source_url":"https://www.coindesk.com/business/2021/12/05/crypto-exchange-bitmart-hacked-with-losses-estimated-at-196-million"},{"date":"2021-12-06","event":"BitMart CEO Sheldon Xia pledges to reimburse all affected users from company funds. Hackers had already routed stolen assets through 1inch and Tornado Cash.","source":"BitMart CEO Says Stolen Private Key Behind $196M Hack — CoinDesk","source_url":"https://www.coindesk.com/tech/2021/12/06/bitmart-ceo-says-stolen-private-key-behind-196m-hack"},{"date":"2022-01-07","event":"CNBC reports that a number of BitMart hack victims have still not received compensation, citing individual cases including a user alleging $53,000 in unrecovered losses.","source":"Iranian immigrant lost $53,000 in crypto hack, says he faces ruin if BitMart doesn't pay him back — CNBC","source_url":"https://www.cnbc.com/2022/01/07/cryptocurrency-theft-bitmart-still-owes-victims-of-200-million-hack.html"},{"date":"2022-08-10","event":"Bloomberg reports the FTC has opened a probe into BitMart's U.S. operators (Spread Technologies and Bachi.Tech) over the December 2021 hack, marking the agency's first known crypto case.","source":"FTC Probes BitMart Exchange Hack, Marking US Agency's First Crypto Case — Bloomberg (via Securities Docket)","source_url":"https://www.securitiesdocket.com/2022/08/11/ftc-probes-bitmart-exchange-breach-marking-first-crypto-case/"},{"date":"2022-08-01","event":"FTC denies Bachi.Tech's petition to quash civil investigative demand; probe continues.","source":"FTC Commission Order Denying Bachi.Tech Petition to Quash — FTC.gov","source_url":"https://www.ftc.gov/system/files/ftc_gov/pdf/2223050CommissionPTQOrderBachiTech.pdf"},{"date":"2024-06-05","event":"BMX token reaches its all-time high of approximately $0.62, giving BitMart a market capitalization near $210 million at peak.","source":"BMX Token Crashes 46% as BitMart Announces Exchange Wind Down — BeInCrypto","source_url":"https://beincrypto.com/bitmart-exchange-wind-down-bmx-crash/"},{"date":"2025-04-23","event":"BitMart announces leadership transition: Sheldon Xia moves to Group President role; Nenter Chow appointed Global CEO.","source":"BitMart Announces Leadership Transition — GlobeNewswire","source_url":"https://www.globenewswire.com/news-release/2025/04/23/3066786/0/en/BitMart-Announces-Leadership-Transition-Sheldon-Xia-to-Group-President-Nenter-Chow-Appointed-Global-CEO.html"},{"date":"2026-07-24","event":"Global CEO Nenter Chow is informed his role will be terminated; he ceases involvement in company management and operations. Community withdrawal delay reports begin circulating; BMX token declines.","source":"BitMart CEO Claims Not Involved in Shutdown Decision — ABAB News","source_url":"https://www.ababnews.com/news/2f65e482-e69e-4f2c-a9ff-6f1a051e5539"},{"date":"2026-07-26","event":"BitMart publicly announces wind-down of all trading operations, citing 'operating conditions, market environment, and future strategic direction.' New registrations, deposits, and new orders suspended immediately at 01:30 UTC. BMX token falls 55-60% within 24 hours.","source":"Crypto exchange BitMart to shut down after nine years, BMX token crashes 58% — CoinDesk","source_url":"https://www.coindesk.com/markets/2026/07/26/crypto-exchange-bitmart-to-shut-down-after-nine-years-bmx-token-crashes-58"},{"date":"2026-08-26","event":"All spot and futures trading on BitMart scheduled to cease at 01:00 UTC.","source":"BitMart Winds Down Trading as Exchange Closures Pile Up — Finance Magnates","source_url":"https://www.financemagnates.com/cryptocurrency/exchange/bitmart-winds-down-trading-as-exchange-closures-pile-up/"},{"date":"2027-01-31","event":"BitMart's full operational shutdown target date; withdrawals cease.","source":"BitMart Winds Down Trading as Exchange Closures Pile Up — Finance Magnates","source_url":"https://www.financemagnates.com/cryptocurrency/exchange/bitmart-winds-down-trading-as-exchange-closures-pile-up/"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 25701f82-67c7-40ce-937a-2a76e6d2784ccopy