BitMart appoints Alvarez & Marsal as financial advisor

BitMart has appointed Alvarez & Marsal as a financial advisor to assist in evaluating its financial status, addressing stakeholder matters, and developing an orderly withdrawal plan. The exchange plans to announce user feedback channels and action plans within three weeks, with a dedicated feedback portal expected within five business days. Additionally, BitMart intends to appoint an independent third-party firm to oversee operations and asset custody to protect user interests.