The exchange has engaged restructuring counsel and aims to outline a recovery plan by early September.
Crypto exchange BitMart is considering a partial restart and creditor payouts following its recent shutdown announcement. The company has retained White & Case as restructuring counsel to guide the process.
A detailed roadmap outlining next steps is expected to be released by September 9.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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