Binance Co-CEO He Yi Accuses Zhu Pan of Fraud; CoinUp Clarifies His Role Amid CPX Dispute

According to Chain Catcher, Binance co-CEO He Yi accused Zhu Pan on X of attempting to commit fraud by impersonating others, including attempting to impersonate her to defraud Tron founder Justin Sun. Sun confirmed the allegations today, stating the industry should collectively resist such fraudulent behavior and bring perpetrators to justice.

CoinUp's official statement clarified that Zhu Pan is not the platform's operator and does not participate in core business management; his role is limited to being a project representative for a project listed on the platform. Regarding recent CPX/USDT price fluctuations, CoinUp attributed them to concentrated selling pressure from the market. The platform confirmed after a comprehensive security review that user assets remain safe, account data is intact, and all functions including deposits, withdrawals, and trading operate normally.