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Scandic Coin demands BitMart resolve three stalled large withdrawals after eight days without blockchain confirmation.

Market News
05 Aug 2026
CrowdFundInsider
View Source
Bearish
pluang ai news

Scandic Coin has publicly demanded answers from BitMart regarding three large withdrawal requests totaling over 22,000 USDT and 926,635 SNC tokens that have been stuck in "Processing" status for nearly eight days without any blockchain transaction IDs. These withdrawals were initiated from an approved institutional account on July 26, 2026, but remain unresolved despite BitMart's capability to process smaller withdrawals during the same period. Scandic Coin insists the funds are verified and not linked to open trading positions, urging BitMart to either complete the withdrawals or provide a clear explanation and timeline. The project warns it will pursue legal and regulatory actions if the issue is not resolved, highlighting concerns about withdrawal reliability amid BitMart's platform wind-down.

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