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BitMart reserve doubts raise custody concerns: Arch CTO – TON BOT

BitMart reserve doubts raise custody concerns: Arch CTO

BitMart’s missing proof-of-reserves report and withdrawal complaints from two crypto projects have raised concerns about customer asset security during the exchange’s wind-down. Arch Lending’s CTO emphasized the need for independently verifiable custody. BitMart has not disclosed verified reserves and liabilities, with trading set to stop on Aug. 26 before closing in 2027.


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