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Haider Jamal

Jan 09, 2022

Bitmart Customers Await Compensation News

Bitmart customers have been speaking out for a while now and some have even resorted to calling foul play following the company&39s apparent failure to react to numerous requests for new updates in the wake of the recent December attack, which had resulted in the loss of a massive $200 million in assets from a couple of Bitmart&39s hot wallets.

Victims of the December 2021 breach are currently awaiting additional information from Bitmart regarding restitution of the lost funds, however the situation is far from being resolved.

To that end, the exchange has stated that the victims of the attack will be compensated in due time. In related news, most if not all email correspondence with Bitmart&39s CEO has since resulted in little more than bounced emails.

Despite the attack, many nevertheless remain optimistic about the future of crypto and DeFi and believe that as the sector grows, incidents like this will gradually decrease in volume and frequency.

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