CoinW releases security alert: Beware of counterfeit websites and applications inducing transfer risks Odaily Planet Daily News: CoinW recently released an official announcement reminding that a fraudulent activity involving fake websites and mobile applications (apps) has been detected recently. The fraudsters maliciously imitated CoinW's name, graphics, logo, and brand image. Fraudsters use public information on social media platforms such as the Internet and LinkedIn to target potential victims. They used the victim's social profile to verify their location and establish initial contact, then induced users to transfer communication to Telegram. Fraudsters often use manipulative tactics (including fabricating stories of "luxury living") to lure victims into transferring cryptocurrency to wallet addresses under their control. CoinW solemnly reminds: Please be sure to access the official website or download the application through official channels. If you have any doubts about the source of the information, please contact CoinW's legal team as soon as possible to verify. If you find any suspicious websites or counterfeit applications, please stop operating immediately and report to the official. CoinW stated that it will continue to strengthen the construction of its security risk control system, maintain a safe, fair, and transparent trading environment, and firmly support anti fraud, anti money laundering, and sanctions compliance work worldwide.