According to BlockBeats, on June 24, CoinUp clarified that Zhu Pan is not a platform member but rather a project founder whose project was listed on the platform. The clarification came after Binance co-founder He Yi posted tweets addressing personal disputes related to Zhu Pan, which sparked market attention. CoinUp emphasized that its core business, risk control system, product services, and daily operations are independently managed by its own team, and any attempt to link Zhu Pan's personal conduct to the platform itself constitutes misinterpretation.
CoinUp firmly denied rumors of "running away" or "fraud" circulating on social media, stating that such baseless claims have caused serious reputational damage and reserving the right to pursue legal action. The platform confirmed that deposits, withdrawals, and trading functions remain fully operational, with wallet systems, account infrastructure, and asset custody operating securely and stably. All user assets and data remain intact.