PANews reported on April 30 that, according to Yonhap News Agency, the Financial Intelligence Bureau (FIU) of South Korea appealed to the Seoul Administrative Court on April 30 against the court's decision to overturn its three-month partial business suspension order against Upbit operator Dunamu. Previously, the court held that while Dunamu's measures, such as soliciting commitment letters from customers and using a virtual asset transaction monitoring system, were insufficient to completely block transactions with unregistered operators, the court could not conclude that Dunamu intentionally or negligently failed to take necessary measures. In February of last year, the FIU determined that Dunamu had engaged in violations such as transacting with unregistered overseas virtual asset operators and violating its customer confirmation obligations, imposing a three-month partial business suspension order. Dunamu had previously applied for a stay of execution of the order.
The Korean Financial Intelligence Bureau has appealed the court's decision to overturn Dunamu's business suspension order.
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Author: PA一线
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