Crypto Exchange Dunamu Faces $24.3 Million Fine Over Customer Identification Violation
New Delhi: South Korea’s financial watchdog on Thursday slapped a fine of 35.2 billion won ($24.3 million) on Dunamu, the operator of the country’s top cryptocurrency exchange, Upbit, for violating customer identification obligations. The Financial Intelligence Unit (FIU) under the Financial Services Commission said Dunamu did not comply with its obligations to verify the identities…