CoinW Vows Legal Action Against Misinformation Amid Scam Controversy
CoinW has officially responded to recent scam controversy reports by launching a special investigation and coordinating with regulatory authorities. The exchange emphasizes zero tolerance for illegal activity and commits to transparent, lawful handling of any confirmed violations. CoinW will continuously enhance its integrated compliance framework—covering KYC, AML, CFT, transaction monitoring, and a dedicated anti-fraud task force. Users are urged to report suspicious behavior via official channels. Any accounts linked to illicit actions will be frozen, and those who maliciously spread false information will face legal liability. CoinW will provide regular updates on its investigation and compliance progress.
Neutral
CoinW’s proactive compliance measures and commitment to legal enforcement aim to restore user trust and market order without directly impacting asset prices. Historically, exchange statements addressing fraud allegations tend to stabilize operations rather than trigger significant price moves. The focus on KYC/AML/CFT improvements and anti-fraud actions should reassure traders in both short and long term, leading to a neutral market response.