Dear Webseans,
Following our previous two phase updates, the Websea team has continued to advance key platform recovery initiatives with full commitment and focused execution. These efforts include strategic partner discussions, business optimization, asset verification, and withdrawal restoration preparations.
The latest progress is as follows:
I. Progress on Strategic Partner Discussions
Websea is currently in discussions with potential strategic partners on several key matters, including platform asset conditions, business optimization plans, recovery roadmaps, user asset protection measures, and the platform’s long-term sustainable development model. The discussions have entered an advanced-stage review and confirmation process. The next phase update is expected to be released within 7 days.
II. Progress on Withdrawal Restoration
The restoration of withdrawal services remains the platform’s top priority. Details regarding phased withdrawal restoration, applicable limits, and implementation schedules will be announced following the completion of final asset verification and confirmation of related strategic funding arrangements.
Websea is currently undergoing a critical period of adjustment and restructuring. The Websea team remains fully committed to advancing all recovery measures with professionalism and determination.
Going forward, we will continue to provide timely updates on key milestones through official announcements and gradually restore the platform’s normal operations. Please refer to official Websea announcements for the latest updates and avoid relying on unofficial sources.
Once again, we sincerely thank all users for your understanding, patience, and continued trust during this period.
Websea Team
May 6, 2026
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