---
title: "BitMart Founder Confirms Hack During Restructuring"
url: https://thecoingazette.com/bitmart-founder-confirms-hack-during-restructuring/
date: 2026-11-04
modified: 2026-11-04
lang: en
author: "Coin Gazette Editorial"
description: "Bitquery traced about $391,000 in outflows mostly from BitMart-linked wallets to an address used in the Mercado Bitcoin attack."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 26
---

# BitMart Founder Confirms Hack During Restructuring

Bitquery traced about $391,000 in outflows mostly from BitMart-linked wallets to an address used in the Mercado Bitcoin attack.... Read the full story at The Defiant