Tag: Dunamu
Market NewsSouth 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…
Naver Delays Dunamu Share Swap Again as Approval Wait Continues
Naver Financial and Dunamu delayed their share swap completion to Dec. 31. FTC review and shareholder approval processes remain the main hurdles. South Korea’s Digital…
Korean Companies Deny Joining Open USD Alliance After Surprise Listing
Korean firms denied formal Open USD membership despite appearing on the alliance’s public roster. Several companies said Open Standard only discussed possible participation without agreements.…
Samsung Backs Upbit Operator Dunamu With $408M Investment
Samsung affiliates will buy a 4% stake in Dunamu for $408 million. Samsung Securities gets 2% while Samsung SDS and Samsung Card each get 1%.…
Dunamu Files Lawsuit Against FIU Over Upbit Sanctions
Story Highlights Dunamu sues FIU over sanctions imposed on Upbit, seeking to overturn disciplinary measures. FIU penalized Dunamu, suspending business for three months and disciplining…
Two Men That Invested in Korean Crypto Exchange Dunamu Are Now Billionaires
Dunamu is one the biggest cryptocurrency exchanges in South Korea, and now it looks like two of the company’s biggest shareholders – Song Chi-hyung and…
