By https://coinpedia.org/ on December 31, 2025
The post Korbit Hit With $1.8M Fine as South Korea Flags Major AML Failures appeared first on Coinpedia Fintech News South Korea’s crypto regulator has taken firm action against Korbit, one of the country’s longest-operating exchanges, closing the year with a clear warning to the industry. On December 31, the Financial Intelligence Unit (FIU) announced a 2.73 billion won ($1.88 million) fine against Korbit after uncovering widespread failures in its anti-money laundering (AML) and customer …