CoinDesk·3 min read·medium

BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees

O
Olivier Acuna
BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees
AI Summary

BitMart founder Sheldon Xia Lee is facing intense scrutiny as users report being unable to withdraw funds following the exchange's decision to wind down operations. Lee has dismissed calls for an independent audit, claiming his account was hacked and that rumors are fabricated.

The post on the exchange's Chinese-language account , which Lee said had been hacked , called on him and business partner Yi Li to open the books, including wallets, assets, liabilities, and usable reserves, to independent verification. It gave Lee until Aug. 19 to respond.

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