Bitmart is considering a phased resumption and creditor payment

Bitmart indicated on 21 August that it was exploring a reorganization plan involving creditor allocation and a phased resumption of selected business. Less than four weeks after the announcement, Bitmart had declared the operation completely closed. The Exchange has appointed White & Case as a reorganization consultant and has promised to provide further updates by 9 September, but has not cancelled the current transaction deadline of 26 August or the closing date of 31 January 2027. Bitmart indicated that the proposed plan might combine orderly restoration of certain services with creditor distribution and that any re-establishment would still require legal, financial, operational and regulatory review。