Jul. 27, 2026
London, United Kingdom, July 27th, 2026, Chainwire
SCANDIC COIN (SNC) demands an immediate explanation from BitMart. According to SNC, a withdrawal request submitted on 26 July 2026 at 09:10:03 German time remained marked as “Processing” for more than 35 hours. At publication, 22,000 USDT and nearly 930,000 SNC had still not reached the designated wallets.
SCANDIC COIN states that timestamped screenshots document the balances, withdrawal request, amounts, date, time and continuing status. The assets are not BitMart’s property. According to SNC, they belong exclusively to its operating company, are not BitMart funds and are not locked in active trading positions.
BitMart has announced the wind-down of its trading-platform operations. In that context, a prolonged failure to release substantial company-owned assets — without a case-specific reason or reliable deadline — is unacceptable. An exchange instructing users to withdraw must demonstrate that withdrawals can actually be honoured.
