• South Korea Launches Sanctions Against Upbit Operator Dunamu

    South Korea Launches Sanctions Against Upbit Operator Dunamu

    South Korea begins sanctions proceedings against Upbit operator Dunamu after hack. FSS reviews Dunamu’s response before deciding possible enforcement measures. Legal gaps may influence penalties and future crypto oversight in South Korea. South Korea has begun formal sanctions proceedings against Dunamu, the operator of cryptocurrency exchange Upbit, following a major wallet hack in November 2025.…