South Korean regulator initiates sanctions process against Dunamu, operator of largest crypto exchange Upbit
South Korea's FSS has initiated sanctions against Dunamu, operator of Upbit, after a $32 million hack, testing the limits of the Virtual Asset User The post South Korean regulator initiates sanctions process against Dunamu, operator of largest crypto exchange…
The Financial Supervisory Service has launched formal proceedings after a 2025 hacking incident that cost 44.5 billion won, but a legal gray zone in South Korea's crypto law makes the outcome deeply … [+1811 chars]