South Korean regulators slam Upbit's operator Dunamu with $24M fine

South Korean regulators slam Upbit's operator Dunamu with $24M fine

By Cryptopolitan
Dunamu, the operator behind cryptocurrency exchange Upbit, is finding itself in hot water after South Korean regulators slammed it with a 35.2 billion won (over US$24 million) fine for multiple breaches of anti-money laundering and customer verification laws.

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Negative
Category
general
Reading Time
1 min
Article Type
Article
Topics & Keywords
#regulations

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Source: Cryptopolitan

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