{"id":631668,"date":"2026-07-19T10:53:05","date_gmt":"2026-07-19T10:53:05","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/19\/south-korean-regulator-begins-sanctions-process-against-dunamu-report\/"},"modified":"2026-07-19T10:53:05","modified_gmt":"2026-07-19T10:53:05","slug":"south-korean-regulator-begins-sanctions-process-against-dunamu-report","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/19\/south-korean-regulator-begins-sanctions-process-against-dunamu-report\/","title":{"rendered":"South Korean regulator begins sanctions process against Dunamu: Report"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-koreas-crypto-market-is-strengthening-but-upbit-investigation-may-have-decelerated-it3.jpg\" alt=\"South Korean regulator begins sanctions process against Dunamu: Report\" class=\"type:primaryImage\" \/><\/p>\n<p>The proceedings come as South Korea\u2019s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and computer system incidents, leaving the scope of penalties uncertain.<\/p>\n<p>South Korea\u2019s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, regarding the $36 million hack from November 2025.<\/p>\n<p>Local news outlet Yonhap News <a href=\"https:\/\/www.yna.co.kr\/view\/AKR20260718039600002\" rel=\"noopener noreferrer\" target=\"_blank\">reported<\/a> Sunday that the FSS had recently sent Dunamu an inspection opinion letter.<\/p>\n<p>The letter marks the formal start of a sanctions procedure by the financial authorities. It provides Dunamu with an opportunity to respond to the inspection\u2019s findings before the regulator notifies the company of its proposed sanctions.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/south-korean-regulator-inspection-letter-upbit-36m-hack\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The proceedings come as South Korea\u2019s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and computer system incidents, leaving the scope of penalties uncertain. South Korea\u2019s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, regarding the $36 million hack from November [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":631669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-631668","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/631668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=631668"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/631668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/631669"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=631668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=631668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=631668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}