WOO X Users Report Withdrawals Stuck for Days
WOO X's ownership is under fresh scrutiny after its FusionX Digital acquisition and ZachXBT's claims of ties to BitMart's founder. BitMart is exploring restructuring and possible platform resumption.
Every Zipp story tagged #BitMart, newest first.
WOO X's ownership is under fresh scrutiny after its FusionX Digital acquisition and ZachXBT's claims of ties to BitMart's founder. BitMart is exploring restructuring and possible platform resumption.
The restart proposal carries no recovery rate, no reserves proof, and no list of which services would come back, while former employees say salaries remain unpaid.
The reference to 'creditors' is what changed. White & Case is now restructuring counsel, with a detailed roadmap due Sept. 9. BMX already dropped 58% in 24 hours on the original shutdown news.
Founder says the warnings are 'fabricated rumors,' but a distressed-debt specialist is signaling court, a $10M customer claim is sitting unanswered, and the Aug 26 wind-down deadline is now two weeks…
The short window turns a compliance decision into a custody risk and revives 2022-era concerns about exchange access.
BitMEX invented the perpetual swap. The venue that made that product is closing in September while spot volumes hit a 25-month low, and analysts say only well-capitalised, MiCA-ready venues will…
BitMart hasn't declared a liquidity shortfall, but Nansen-tracked ETH and stablecoin balances were drained before the closure notice and 58 wallets pulled just $805K in the first 24 hours, which is…
The shutdown clock is real, not speculative: users have hours, not weeks, to migrate balances, open orders, and positions before the venue's order books go dark.
The exchange is suspending deposits and new orders immediately, ending trading Aug. 26, and ceasing full operations Jan. 31, 2027, while BMX collapsed nearly 60% on the news.