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Cryptopolitan

South Korean regulators slam Upbit's operator Dunamu 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 [...]

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