Coin Bureau|Aug 17, 2026 11:09
🚨BREAKING: BitMart founder denies an explosive letter attacking management, claiming hackers posted it through the company’s Chinese X account.
An open letter, apparently posted by employees, demanded answers from Sheldon Xia and Yi Li by August 19 about:
- Where users’ money went
- Why withdrawals were restricted
- Accounts allegedly linked to management
- Allegedly unpaid employee wages
- How and when users will be repaid
It threatens to send its evidence to regulators and police if management fails to respond.
Xia said the account was "hacked" and that the letter was "not posted by any current employee."
This comes amid BitMart’s shutdown, as users report they cannot access their balances.(Coin Bureau)
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