CoinW: what the sources say

Regulation, reserves, fees

Reserves note: DataWallet says a proof-of-reserves is linked from the site but gives no result; CoinGecko page shows no PoR figure. Not verified from an official page.

Incidents and regulator actions found

Security incidents

• 2023-10-02 Blockchain security firm Cyvers reported suspicious transactions of about $13 million from CoinW across BTC, ETH and BNB chains; cause (external attack vs internal transfer) unclear; CoinW had not commented at publication. Outcome: Not stated in the article source

Regulator and court actions

• No regulator or court action found in our limited search.

What we could not verify

Not verified: operating entity, official licences (third-party claims only), Italy acceptance, OAM (403), whether 2023 hack losses were customer funds and any later reimbursement, proof of reserves, fees, products. Web search budget exhausted; empty legal_actions does not mean none exist. Search for regulator actions found no verified action against CoinW; BCSC 'CoinW Oceans' caution entry states it has no relation to CoinW. Outcome of the 2023-10 suspicious transfers not found.

Facts are as of 9 Oct 2026. We ran a limited number of searches per exchange, so an empty list is not proof that nothing happened. We did not check the Italian OAM register. Items from press or third parties are reports, not findings by an authority. If something here is wrong or out of date, send a correction with a source: corrections policy. Education only, not investment advice.

Sources

1. [1] ESMA interim MiCA register CASPs CSV accessed 2026-10-09
2. [2] CoinW public API returnSymbol accessed 2026-10-09
3. [3] BeInCrypto (ES): CoinW suffers apparent $13M hack, 2023-10-02 accessed 2026-10-09
4. [4] DataWallet CoinW restricted countries (third-party) accessed 2026-10-09
5. [5] CoinGecko CoinW page (third-party) accessed 2026-10-09
6. [6] SEC litigation release LR-26111 (CoinW6, different name) accessed 2026-10-09