South Korean regulators hit Dunamu, Upbit operator with $24M fine

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. The Financial Intelligence Unit (FIU) announced its decision to fine the company on Thursday after months of […] source: https://www.cryptopolitan.com/south-korea-hit-dunamu-upbit-fine/