$ETHFI
Trending UpSnapshot Window: 2026-08-17 13:50 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 5, Retweets: 0, Likes: 45, Impressions: 988
Verbatim Community Citations & Social Evidence 1 source posts analyzed
BitMart Exchange is under fire over frozen withdrawals, with users demanding to know where their money is. CEO Sheldon Lee says the accusations are “fabricated rumors,” but users are asking for verifiable reserves and a repayment plan by August 19. Former staff say they’re
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AI visual note: The image shows a BitMart logo alongside a tweet from CEO Sheldon Xia (@sheldonbitmart) in which he announces plans to file a police report and send a lawyer's letter to X regarding what he calls "fabricated rumors" about the exchange, while emphasizing that "Employee assets are not prioritized over client assets." The post relates to ongoing backlash against BitMart over frozen withdrawals and demands for proof of reserves, with the CEO's defensive statement directly addressing the accusations highlighted in the article.