South Korea Regulators Send Inspection Letter To Dunamu Nearly Eight Months After Upbit's $36 Million Crypto Breach
South Korea's Financial Supervisory Service has sent an inspection opinion letter to Upbit operator Dunamu, officially starting sanction proceedings over the 44.5 billion won ($30 million) hack in November 2025. The letter allows Dunamu to respond before regulators decide whether to impose penalties.
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