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Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms
Upbit

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms

Upbit has now registered with FIU as other exchanges move to follow this lead before the September 24 regulation deadline.

South Korea Top Four Crypto Exchanges Launch Joint Venture To Abide By AML Regulations
Upbit

South Korea Top Four Crypto Exchanges Launch Joint Venture To Abide By AML Regulations

The heads of Bithumb, Korbit, Coinone, and Upbit signed a memorandum to form a company with a system, which will enable them to adhere to anti-money laundering regulations.

South Korea Authorities Seize $47M in Crypto from Tax Evaders
Upbit

South Korea Authorities Seize $47M in Crypto from Tax Evaders

South Korean authorities have made the largest crypto seizures in the country's history. $47 million in digital currencies have been confiscated.

South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members
Upbit

South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members

The four primary crypto exchanges in South Korea, namely Coinone, Korbit, Bithumb, and Upbit, have reportedly offered to help police investigate the sexual exploitation of underage girls in the “Nth Rooms” scandal that has sparked a national outcry.

Upbit Exchange Hacked For 50 Million Dollars in Ethereum
Upbit

Upbit Exchange Hacked For 50 Million Dollars in Ethereum

CEO of Upbit, wrote a report explaining the reasons why deposits and withdrawals were not functional on the exchange at the moment, noting that a shocking total of 342,000 ETH were stolen from the Upbit Ethereum Hot Wallet.