South Korea penalizes Coinone with a $3.5M fine for AML lapses

South Korean financial regulators have issued a multi-billion won fine and a three-month business suspension against Coinone following a probe into systemic anti-money laundering failures. The Korea Times, Chosun, and Yonhap News reported on Monday that the Financial Intelligence Unit…

Read Also

FINMA clears Switzerland’s first spot Bitcoin ETF for retail investors

FINMA approves Switzerland’s first retail spot Bitcoin ETF, allowing direct BTC investment under fund rules while requiring custody and investor

Sophon is shutting its chain. What users should know before November 25

Sophon plans to shut down its blockchain on November 30, but users have been told to withdraw their assets by

ZachXBT links over 87% of FreedomXMR inflows on Hyperliquid to illicit funds

ZachXBT links over 87% of FreedomXMR inflows on Hyperliquid to illicit activity, tracing more than $20 million to hacks and

Content