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BitMart pins $319.5 million shortfall on 2021 hack in user repayment plan

BitMart has proposed its first concrete plan to repay the more than 12 million users locked out of their accounts.  The exchange has placed the blame for its balance-sheet hole on a security breach that happened almost five years ago. The preliminary proposal values the December 2021 hack at $319.5 million and asks a court...

BitMart pins $319.5 million shortfall on 2021 hack in user repayment plan