BlockBeats News, August 21st, BitMart announced through its official X account that it is developing a potential restructuring plan as an alternative to a complete shutdown. The plan may involve a phased resumption of some operations in an orderly arrangement and distribution to creditors, but will still require further legal, financial, operational, and regulatory assessments.
BitMart has appointed White & Case as the restructuring legal advisor to assist in evaluating feasible solutions and developing a restructuring and phased resumption of operations framework. BitMart stated that it is currently working with the advisors to map out a plan and aims to provide further updates by September 9, 2026.

