Crypto Exchange Upbit Reportedly Being Investigated by South …
2 days ago · The update regarding Upbit’s compliance challenges has been revealed shortly after the FCS unveiled its intentions last month to investigate the digital assets firm for “anti-monopoly” issues.
South Korea probes Upbit for 600K KYC violations - Cointelegraph
4 days ago · South Korea’s Financial Intelligence Unit (FIU) of the Financial Services Commission (FSC) has identified at least 500,000 to 600,000 potential KYC violations on the Upbit exchange, local news ...
Upbit accused of large-scale KYC breaches, possible money …
4 days ago · Upbit’s in trouble for 500,000+ accounts that didn’t pass proper ID checks during a license review. FIU says these sloppy KYC checks might have let money laundering slip through. If found guilty, Upbit could face fines in the billions of won. South Korea’s Financial Intelligence Unit (FIU) of the Financial Services Commission is ...
South Korea's Upbit Faces Investigation Over KYC Violations
4 days ago · As the fifth-ranked exchange on CoinMarketCap, Upbit has demonstrated significant trading activity, processing over $7.7 billion in trades within the last 24 hours and exceeding $48.2 billion in ...
South Korea’s Upbit Under Fire for 600,00 KYC Scandal - Coinpedia
4 days ago · Upbit commands a staggering 70% market share in South Korea’s crypto sector and processes $2.2 billion in daily trading volume. The exchange earns substantial revenue through transaction fees, charging 0.05% for regular orders and 0.139% for pre-orders in the South Korean won market.
Crypto exchange Upbit targeted by hackers 159K times in H1: …
Oct 9, 2023 · South Korean cryptocurrency exchange Upbit has been targeted by hackers on more than 159,000 occasions in the first half of 2023, according to its operating firm.
Latest Upbit News - Cointelegraph
Aug 23, 2024 · Despite facing regulatory challenges and scrutiny, Upbit remains a major player in the global crypto exchange market. News Upbit to store user data on AWS: What users should know
Upbit Rides Korea Crypto Boom to Top-Five Global Exchange Spot
Apr 25, 2024 · Upbit Rides Korea Crypto Boom to Top-Five Global Exchange Spot. Upbit dominates the Korean crypto space with an over 80% share; Harsher crypto laws will soon land in the Korean crypto market
Upbit Deflected 879 Hacking Attempts per Day in First Half of the …
Oct 9, 2023 · Hackers attempted to infiltrate Upbit, South Korea’s largest exchange by trading volumes, nearly 160,000 times in the first half of this year, parent firm Dunamu said in a regulatory filing as ...
Breaking: UPbit Audit Confirms South Korea’s Biggest …
May 15, 2018 · A major accounting firm in South Korea has revealed results of an audit of UPbit’s cryptocurrency holdings, confirming that the exchange did not inflate its balance sheet and deceive investors.
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