CoinW Addresses Fraud Allegations, Upholds Anti-Fraud Measures Amid Controversy

Cryptocurrency exchange CoinW has taken steps to address recent fraud allegations while emphasizing its commitment to compliance and anti-fraud practices. The company released a statement affirming their adherence to legal standards and zero tolerance for misinformation. CoinW is cooperating with authorities in an investigation, reinforcing existing KYC/AML systems, and ensuring continued operations with no major trading disruptions. CoinW’s response aims to mitigate market volatility and maintain trust with users.