CryptoBearishCoinDesk ยท 2h ago7/10
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South Korea fines Bithumb $24 million, orders 6-month partial suspension over money laundering violations
South Korea's financial authorities fined major cryptocurrency exchange Bithumb $24 million and imposed a 6-month partial suspension for money laundering violations. The penalties stem from approximately 6.65 million violations related to Know Your Customer (KYC) procedures and transaction restrictions.
