BitMart's global CEO stated that the decision to cease operations has nothing to do with him and that he was dismissed from his position on July 24

BitMart's global CEO Nenter Chow posted on the X platform stating that he was informed on July 24 that his position as global CEO would be terminated and that he would immediately enter the resignation process.

Nenter Chow stated that since July 24, he has not participated in BitMart's management and decision-making, nor has he been involved in discussions or decisions regarding the cessation of the trading platform's operations. He indicated that he only learned of this decision after the official announcement from BitMart was made public.

Nenter Chow expressed that his primary concern at the moment is the safety of BitMart users' assets and the placement of employees, and he reminded users to only refer to BitMart's official channels for handling account-related matters.