BitMart Founder: Exchange Hit by Minor Hack Potentially Linked to Mercado Bitcoin Attackers Sheldon Xia, founder of crypto exchange BitMart, confirmed that the platform suffered a minor security breach yesterday, noting that swift and secure investigative actions were being taken. Initial findings indicate that the intrusion was carried out by the same threat actors responsible for a simultaneous exploit targeting Brazil's major crypto exchange, Miscado Bitcoin. Xia revealed that a recent restructuring has left BitMart operating with a bare-bones core team facing serious obstacles across its security operations, exacerbated by doxxing, user threats, and retaliatory actions by disintegrating former employees, although the remaining staff is making every effort to protect systems, other data, and platform assets. link