Dunamu appeal pauses Upbit's 35.2 billion won penalty on Feb. 9, 2026

On February 9, 2026, South Korea's financial authorities said Dunamu, operator of Upbit, filed an objection with the FIU to a 35.2 billion won (USD 25.1 million) penalty, temporarily suspending enforcement pending court review. The November fine cited extensive customer verification lapses and 15 missed suspicious-transaction reports, while separate actions targeted other exchanges, including a 2.73 billion won sanction for Korbit on December 31, 2025.