Crypto exchange BitMart is weighing options including a phased or partial restart and creditor payouts weeks after it announced it is shutting down. Multiple outlets report that the company is moving into a restructuring process as it evaluates next steps for users and creditors.
BitMart has hired White & Case as restructuring counsel. The company says it will provide a detailed restructuring roadmap by Sept. 9, outlining how it plans to handle remaining operations and the process for any potential restart. Outlets characterize the discussions as focused on whether restarting some services in stages is feasible, while also addressing creditor repayment considerations.
The coverage broadly aligns on the timing (a roadmap due by Sept. 9) and the involvement of White & Case, but differs mainly in emphasis—some articles foreground the possibility of a phased restart, while others also highlight creditor payouts as a parallel track within the restructuring plan.
