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Queenie, Founder of CoinUp: “All assets on the platform are secure; we will never exit scam.”

2026.06.25 - 03:14
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TechFlow News, June 25: According to an official announcement, in response to recent discussions about the platform circulating across markets and social media, CoinUp founder Queenie Li published a statement on X addressing several key points.

Regarding platform security, the statement emphasizes that CoinUp will absolutely not exit scam. All assets on the platform are secure; deposit and withdrawal functions are operating normally; and the operations team is on duty 24/7. A comprehensive audit confirmed that CoinUp has suffered no hacker attacks or data breaches.

Regarding Mr. Zhu Pan, the statement reiterates that he is neither a trader nor a member of the CoinUp team—his sole affiliation is as the project founder of a project listed on CoinUp.

In closing, Queenie stated that CoinUp will proceed with third-party security audits, disclose proof-of-reserves, and strengthen due diligence on founders of listed projects.

CoinUp founder Queenie will host an X Space at 20:00 (UTC+8) on June 25 to publicly address recent “exit scam” rumors, the platform’s operational status, user asset security, CPX price volatility, and related personnel affiliations.

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