CoolWallet Officially States No Collaboration with XT.com; Previous Reports of “Cooperation Agreement” Are Fabricated
(Summary: Ledger’s “Private Key Recovery” Controversy! CoolWallet’s Cold Wallet Assurance Strategy: Open Source SE Chip Code)
(Background: FTX Assistance! Sales of Cold Wallets Ledger and Trezor Reach All-Time Highs; Taiwan’s CoolWallet Sees Tenfold Growth)
It is truly outrageous! Ou Shilai, the founder of Taiwan’s renowned cold wallet company CoolWallet, has expressed his frustration over the foreign exchange XT.com falsely claiming a strategic partnership between the two parties. They even organized a grand physical event in Taipei, where someone impersonated a CoolWallet representative to sign documents on stage! The event’s backdrop logo and content were all fabricated, and CoolWallet has absolutely no collaboration with XT.com.
The photos shared by Ou Shilai depict an event held by the foreign exchange XT.com on May 17 at a luxury hotel in Beitou, Taipei City. The event emphasized that a cooperation agreement would be signed that day with CoolWallet, focusing on protecting user assets and engaging in deep collaboration on anti-money laundering efforts. Today, Ou Shilai decisively refuted this claim, stating, “This is too absurd! Our company does not have any collaboration with XT.com. It seems like a complete act; they printed our logo, impersonated our employees for a signing ceremony, and even sent press releases to the media. What do you think should be done?”
CoolWallet’s official Facebook page also issued a serious statement, noting that a third party has claimed to have a partnership with CoolWallet. To avoid user misunderstandings, all official partners are those announced on the CoolWallet App Marketplace and the official website, ensuring the security of users’ assets.
Police Alert: Beware of Cold Wallets with “Backdoors”
Although not directly related to the aforementioned incident, it has come to light that police in the Taipei metropolitan area have recently received numerous reports from individuals claiming to be part of cryptocurrency investment groups or presenting themselves as investment teachers or companies. They assert that they are collaborating with the cold wallet company to launch co-branded cold wallets and teach users how to store newly purchased cryptocurrencies. However, it has been revealed that these cold wallet devices contain backdoors, leading to the theft of cryptocurrencies deposited by the victims, representing a new form of fraud.
The community is reminded that any cold wallets obtained from third parties or unofficial sales channels must have their source reliability confirmed, along with verification of the official product serial numbers, to prevent asset theft from compromised cold wallets.
