BitMart appointed Anmai as its financial advisor

BitMart announced the decision to appoint Alvarez & Marsal (A&M) as its financial advisor. A&M will assist BitMart and its legal advisors in assessing the company's financial condition, stakeholder-related matters, and orderly withdrawal arrangements, analyzing feasible options, and supporting the formulation of a recent action plan.

With A&M officially appointed, BitMart plans to successively announce user feedback channels, opinion collection mechanisms, and specific action plans within three weeks, and will work with A&M to sort out the current business and asset status, explore various follow-up options including potential orderly business restart, while also evaluating other proposals put forward by third parties and considering user feedback.