Athene Network Terminates Collaboration with BitMart, Delists $ATN
Athene Community ($ATN), a well known blockchain challenge, has formally minimize its ties with BitMart, a preferred crypto alternate. As per Athene Community, it’s not a accomplice of BitMart and has introduced the delisting of its native $ATN token from BitMart. The platform took to social media to reveal this unique improvement.
Athene Community Ends Collaboration with BitMart Primarily based on Supposed Misconduct
In its announcement, Athene Community asserted that it’s formally terminating its collaboration with BitMart. The important thing cause behind this decoupling is an alleged misconduct by BitMart. The centralized crypto alternate has supposedly not maintained transparency. On this respect, the platform referred to a number of non-transparent actions on the a part of BitMart. Such operations have raised issues for Athene Community.
Because of the alleged violations of collaboration by BitMart, Athene Community was reportedly compelled to chop ties. Whereas making particular references, Athene Community highlighted the blockage of withdrawals parallel to the permission of deposits. Thus, the crypto alternate enabled shoppers to deposit their $ATN tokens whereas preserving the withdrawals.
This improvement resulted in a confusion, paving the best way for inconvenience and monetary losses for these holding the $ATN tokens. Other than that, one other allegation in opposition to the BitMart is the group of the direct gross sales of $ATN tokens on its platform. This reportedly paved the best way for an unjustified and sheer dip available in the market worth of $ATN. Notably, BitMart carried out this improvement with out Athene Community’s consent.
$ATN Buying and selling and Deposits to Be Suspended on April 9, 2025
In line with Athene Community, these misconducts raised grave apprehensions in regards to the transparency and market manipulation within the fingers of BitMart. Retaining these items in view, Athene Community has finally moved towards a unilateral termination within the case of the enterprise ties with BitMart. As a result of this, the buying and selling and deposits within the $ATN token are scheduled to be suspended on the ninth of this month. Following that, on the ninth of June, 2025, the $ATN withdrawals may even be suspended.
