Coinone User Protection Department Receives Police Chief's Commendation for Preventing Voice Phishing

Coinone announced that an employee from its User Protection Department received a commendation from the Police Chief on June 8.

This recognition comes in light of the employee's contributions to crime prevention efforts through collaboration with the integrated response team and law enforcement since the launch of the voice phishing integrated response team.

Over the 50 days following the establishment of the integrated response team, Coinone's User Protection Department successfully safeguarded approximately 6.8 million won (about $6,800) in customer assets from criminal attempts. The department was particularly praised for its proactive monitoring, which helped prevent the escalation of potential losses.

In March, the department analyzed reports related to malicious app detection and suspected voice phishing, successfully blocking the withdrawal of funds amounting to 3.8 million won (about $3,800).

A Coinone representative stated, "This award reflects the hard work of our User Protection Department and the successful collaboration with relevant agencies. We will continue to prioritize the protection of customer assets and strengthen our efforts to prevent various crimes, including voice phishing, investment fraud, and romance scams."

Additionally, Coinone recently signed a memorandum of understanding with the Police Agency to establish a continuous cooperation system aimed at preventing and eradicating phishing-related crimes.