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Korea's Financial Supervisory Service has delivered an inspection opinion letter to Dunamu, formally starting the sanction process over the roughly $36 million hack that drained Upbit funds in a 54-minute breach on November 27, 2025, with a pre-sanction notice to follow after the company's response. Upbit dominates Korean won crypto trading, so any operational restrictions or heavy penalties could tighten a key fiat on-ramp and dampen Korean retail flows into major altcoins, adding to regulatory overhang on the domestic exchange sector. Watch the scope of the eventual pre-sanction notice — a business-suspension measure would be materially more disruptive to KRW-pair liquidity than a fine or executive censure.
As a Policy signal, watch whether it changes price action, volatility, or flows around BTC.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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