CoinW Clarification: The platform is not involved in fraud, and the reported content is misleading

ChainCatcher news, recently, some media reported that individual cases of fraud in certain regions were linked to the CoinW platform, raising market concerns.

CoinW officially released a statement today, clarifying the relevant facts: the cases mentioned in the report are unrelated to CoinW's global compliance operations, and the company's management and platform have not participated in any illegal activities; CoinW has always adhered to compliance and risk control as a priority, and the platform has established a comprehensive KYC, AML, and risk monitoring mechanism; the company has initiated a special investigation and will timely disclose the progress of the investigation to the public.

CoinW stated that it will continue to strengthen the construction of its compliance system, actively cooperate with regulatory and anti-fraud actions, and protect user rights and market order.