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Every article we’ve tagged Dunamu.
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Dunamu, the parent of Upbit, is under a sanction process nearly eight months after a $30 million hack, but South Korea’s crypto law offers no direct penalties for hacking or IT failures, leaving the severity of any sanctions unclear.
South Korea’s regulator has opened a sanctions process against Dunamu, but the country’s Virtual Asset User Protection Act does not spell out penalties for hacking or system breaches, leaving the outcome uncertain.