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@WuBlockchain If that's true, locking assets before a shutdown is a huge red flag.

@WuBlockchain That’s very bad

⚠️ Serious allegations involving BitMart OpenGradient co-founder Matthew Wang claims his team's funds are currently stuck on BitMart and alleges the exchange may be insolvent. These claims have not been independently verified, and BitMart has not directly responded. Until more evidence emerges, this is a situation to watch closely — not jump to conclusions. 👀

@WuBlockchain I know what is coming

@WuBlockchain watching the timing of that lockup campaign asking holders to lock right before shutdown is a clear signal

@WuBlockchain 币圈风浪大 建议多关注资金安全 把控风险最重要

@WuBlockchain damn that liquidity trap is pure scam energy. no one's surprsed here.

A stronger angle is the red flag around customer funds, not just the insolvency allegation If an exchange is struggling to process withdrawals while simultaneously encouraging users to lock up liquidity, the key question becomes when management knew there was a liquidity problem That distinction could turn this from an ordinary exchange shutdown into a serious trust and governance issue The insolvency claim itself remains unverified

@WuBlockchain My funds once got stuck on an exchange during a panic and I spent 48 hours staring at a spinning loading wheel like a ghost.

@WuBlockchain This was to be expected, BitMart's liquidity is a major question mark, and users still have their funds trapped there x.com/coinminutes_en/status/20…

@WuBlockchain The frozen funds aren't the tell, the week-before-shutdown push to lock user assets is. A balance on an exchange was never your money, just an unsecured claim on someone else's, and it only gets tested the day everyone wants out.

@WuBlockchain The practical check is simple. Can users withdraw? “Insolvent” is still an allegation, but blocked withdrawals deserve attention before anyone locks more funds.

@WuBlockchain My funds are stuck as well on Bitmart.

@WuBlockchain My withdrawal is pending since 27.07.2026 x.com/aw_gbur/status/208708293…

@WuBlockchain Mine got frozen too by this scammer and fraudent person @sheldonbitmart @BitMartExchange same on you

@WuBlockchain All cexes are going bankrupt because the owners are all chinease. Trust only dexes/self custody but even that can get hacked, nothing is safe in this scam market

@WuBlockchain Those Bitmart guys are going to get a lawsuit for sure.

@WuBlockchain market makers catch it first because they're hitting withdrawal endpoints programmatically at volume all day. the tell isn't the hard freeze, it's confirmation times ballooning before that. saw it syncing exchange data hard blocks are already act two.

@WuBlockchain if true that’s a brutal way to trap liquidity right before shutting down makes you wonder how many other market makers are stuck in the same position

@WuBlockchain x.com/i/grok/share/ca84fdc0ecf…

@WuBlockchain Hearing about frozen funds is always a red flag for any exchange. Hope they get answers soon.

@WuBlockchain bitmart pushed locks then froze withdrawals cex balance was never your money just an iou they can ignore

This confirms what retail users are experiencing! @BitMartExchange is auto-canceling my withdrawals within seconds and locking my funds while claiming withdrawals are open (Tickets #1492728 & #1507574). ​They are holding our money hostage ahead of the Aug 26 shutdown! Release our funds now! @sheldonbitmart @BitMartSupport ​#BitMartInsolvent #BitMartWithdrawalRequest #Crypto #BitMart #WeNeedOurMoney

@WuBlockchain They had scammers emailing us form BitMart asking to deposit money.

@WuBlockchain x.com/i/grok/share/b94ccdaff1e…

@WuBlockchain x.com/joes__crypto/status/2087…