South Korean Crypto Exchange Giant Bithumb Fined $24,800,000 Over Alleged Customer Verification Failures

South Korean Crypto Exchange Giant Bithumb Fined $24,800,000 Over Alleged Customer Verification Failures

South Korean financial regulators reportedly slapped the crypto exchange Bithumb with a 37 billion won ($24.8 million) fine over alleged customer verification lapses. South Korea’s Financial Intelligence Unit (FIU) accused the exchange of failing to verify th…

South Korean financial regulators reportedly slapped the crypto exchange Bithumb with a 37 billion won ($24.8 million) fine over alleged customer verification lapses. South Korea’s Financial Intelli… [+2188 chars]