CPX Token Plunges and CoinUp Considers Legal Steps Over Posts Linking It to Zhu Pan

Market crash: The native CPX token recorded a drastic drop on June 23 due to heavy, concentrated selling pressure. Official statement: The CoinUp exchange issued multiple statements ruling out technical issues, hacks, or security breaches in its system.

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Binance Co-Founder Yi He Flags Impersonator and Prompts CoinUp to Issue Clarification

Binance co-founder Yi He warned users about an alleged impersonator known as Zhu Pan, saying the individual had impersonated her in failed scam attempts. CoinUp denied that Zhu is part of its platform or core management, while acknowledging he is linked to a project listed there at present.

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