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CoinUp responds to market rumors: Zhu Pan is not the platform operator, and CPX price fluctuations are mainly due to concentrated selling pressure in the market.
CoinUp also expressed gratitude to users, the community, and the media for their attention and supervision of CPX. Regarding the recent sharp short-term price fluctuations of the CPX/USDT trading pair, the platform previously issued an announcement stating that the main cause of this fluctuation was concentrated selling pressure from the market, and the specific reasons are under further investigation and verification. Updates will be provided promptly as the investigation progresses.
CoinUp emphasized that after a comprehensive security review, the platform has not suffered any hacker attacks, data breaches, or system vulnerabilities. The wallet system, account system, and asset custody are all in a secure and controllable state. Functions such as deposits, withdrawals, and trading are operating normally, user assets are safe, account data is complete, and no user asset losses have occurred.
CoinUp stated that it will continue to improve risk control monitoring mechanisms, maintain market trading order, and recommends users rely on official channels for information, view market fluctuations rationally, and pay attention to controlling trading risks.