Business & Regulation·Crypto News· 1d ago

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

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

The Big Coin Report Take

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…

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