South Korea fines Bithumb $24 million, orders 6-month partial suspension over AML violations

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South Korea fined Bithumb $24 million and imposed a six‑month partial suspension for AML breaches. The Financial Services Commission cited repeated failures to verify customer identities and enforce transaction limits, leading to the hefty fine and temporary suspension of Bithumb’s trading platform.
16/03 14:04 coindesk.com
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16/03 15:15 bitcoin.com
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