Upbit parent Dunamu faces sanction process nearly eight months after $30 million hack: report
The Block·
60-second summary
Dunamu, the parent company of Upbit, is facing a sanction process nearly eight months after a $30 million hack. The severity of any sanctions is unclear due to South Korea's current crypto law lacking direct provisions for hacking or IT failures.
The severity of any sanctions remains unclear because South Korea's current crypto law contains no direct sanction provisions for hacking or IT failures.