According to ChainCatcher, crypto trading platform CoinUp has responded to recent discussions on social media and market channels, where certain KOLs spread allegations of an 'exit scam' and 'withdrawal difficulties'. In an official statement released today, CoinUp categorically denied these claims, stating they are factually incorrect and constitute misleading interpretations.
The platform specifically clarified that the individual named Zhu Pan, who has been associated with the rumors, is neither the platform's operator nor involved in its core business management, asset custody, or risk control decisions. CoinUp emphasized that personal rumors about Zhu Pan should not be conflated with the platform itself. Addressing the concerns over withdrawals, CoinUp confirmed that the withdrawal function is operating normally, and the account system, wallet system, and asset custody all remain secure and controllable. User functions including deposits, withdrawals, and trading have not been affected.