CoinUp said it has not suffered a hacker attack, data breach, or exploitation of system vulnerabilities following recent discussion about CPX price volatility and the identity of related individuals. According to Foresight News, CoinUp stated on social media that Zhu Pan is not a member of the CoinUp platform and does not participate in its core operations or management.
CoinUp said Zhu Pan is affiliated with a project that is listed on the platform. The company also addressed a recent short-term sharp fluctuation in the CPX/USDT trading pair, saying it was mainly driven by concentrated selling pressure in the market and that it is further investigating and verifying the specific cause.
CoinUp added that its wallet system, account system, and asset custody remain in a secure and controllable state.
CoinUp Denies Hack After Brief CPX/USDT Volatility and Clarifies Zhu Pan’s Role
2026-06-23 04:43:41
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