CryptoBearishBitcoinist · 5d ago7/10
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South Korea’s 3rd-Largest Crypto Exchange Penalized For AML Breaches
South Korea's third-largest cryptocurrency exchange, Coinone, faces regulatory penalties for significant anti-money laundering (AML) compliance failures, including tens of thousands of unverified user accounts and unauthorized dealings with unlicensed foreign platforms. The exchange's CEO received an official reprimand, signaling intensified regulatory enforcement in South Korea's crypto sector.
