Delayed Settlement of Rewards for the CoinQ Launch Event

Dear CoinQ Users,

Thank you for your enthusiastic participation and support for the CoinQ Launch Event! Since the event went live, we have received an overwhelming response, far exceeding our expectations—a true testament to your trust and recognition of CoinQ.

The event has now concluded successfully, and we have officially entered the reward settlement phase. To ensure fairness and accuracy in reward distribution, please find the updated settlement arrangements below:

I. Reason for Delay

Due to the exceptionally large number of participants and the massive volume of trading data, our system requires significant time to perform multi-dimensional data verification during the statistical process. Additionally, during our data review, we identified instances of non-compliant arbitrage behavior by certain users. In order to protect the legitimate rights and interests of all eligible users, we must conduct a thorough review of all participation data, eliminate fraudulent records, and ensure that the final reward results are fair and accurate.

II. Reward Settlement and Distribution Timeline

The original plan was to complete reward settlement and distribution within 7 business days after the event ended. This has now been adjusted to:

Rewards will be settled and credited to winners' accounts within 14 business days from the conclusion of the event.

The exact distribution date will depend on the progress of data verification. Once completed, we will notify all users via announcements and in-platform messages in a timely manner.

III. Important Notes

1. No further action is required: Eligible users do not need to take any additional steps—rewards will be automatically credited to your account.
2. Penalties for violations: Users confirmed to have engaged in arbitrage or other non-compliant activities will be disqualified from receiving rewards and may be subject to further risk control measures depending on the severity of the violation.
3. Progress updates: The progress of reward distribution will be continuously updated through official announcement channels. Please stay tuned.

IV. Friendly Reminder

We fully understand that every user's patience deserves to be taken seriously. This delay is intended to ensure that rewards are distributed accurately and fairly to every eligible participant. We truly appreciate your understanding and forbearance.

Should you have any questions during the process, please feel free to reach out to us via our official customer support channels.

CoinQ Team
July 24, 2026