CoinUp Founder Queenie Li Addresses Market Rumors: No Rug Pull, Third-Party Audit and Reserve Proof Coming
In response to recent discussions on social media, CoinUp founder Queenie Li published a statement on X platform reiterating that the platform will not run away with user funds. All assets are secure, deposits and withdrawals function normally, and the operations team is on duty 24/7. No hacker attacks or data breaches have occurred. She again clarified that Zhu Pan is not a CoinUp insider but merely the founder of a project listed on CoinUp. Queenie announced plans to conduct third-party security audits, disclose proof of asset reserves, and strengthen background checks on project founders. An X Space event is scheduled for June 25, 2026, at 20:00 (UTC+8) to address the 'rug pull' rumors, platform status, asset safety, CPX volatility, and related personnel relationships.
