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.




