Story Highlights Dunamu sues FIU over sanctions imposed on Upbit, seeking to overturn disciplinary measures. FIU penalized Dunamu, suspending business for three months and disciplining CEO Lee Seok-woo. Dunamu challenges FIU in court, requesting a hold on punishments until the case is resolved. Dunamu, the parent company of Upbit, has filed a lawsuit against South Korea’s Financial Intelligence Unit (FIU). Dunamu fights against the disciplinary measures issued by the governing authority. The...
Read More »Two Men That Invested in Korean Crypto Exchange Dunamu Are Now Billionaires
Dunamu is one the biggest cryptocurrency exchanges in South Korea, and now it looks like two of the company’s biggest shareholders – Song Chi-hyung and Kim Hyoung-nyon – have become the nation’s first two bitcoin billionaires. Dunamu Is Big, and So Are Its Shareholders While these individuals may not sound familiar, what they do for a living is likely to ring a bell with several pop culture fans. Chi-hyung is the founder and chairman of Hybe, the agency behind K-pop...
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