Former Bitmart Staff Alleges Systemic Deception and Chaotic Management Leading to Shutdown

Ex-employee DI claims Bitmart used unattainable KPIs to suppress wages and deceived traders, KOLs, and staff before closing operations amid internal chaos.

Woofun AI reports that DI (@Start16Start), a former Bitmart employee now with WEEX, publicly criticized the exchange's management practices following its shutdown announcement. DI stated that the company employed unattainable KPIs in the CIS region to reduce salaries while maintaining a chaotic internal environment. The former employee alleged that Bitmart deceived employees, traders, and KOLs by withholding due compensation and bonuses to sustain an unsustainable operational model. DI further claimed that the CEO continued to extract value from stakeholders until the final moments before the platform's closure.