CoinVoice has recently learned that some media reports have linked individual cases of fraud in certain regions to the CoinW platform, raising market concerns.

CoinW officially released a statement today to clarify the relevant facts: the individual cases mentioned in the reports are unrelated to CoinW's global compliance operations; the company's management and the platform have not engaged in any illegal activities. CoinW has always prioritized compliance and risk control, and the platform has established comprehensive mechanisms for KYC, AML, and risk monitoring. 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 the compliance system, actively cooperate with regulatory and anti-fraud actions, and protect user rights and market order.[Original link]