Upbit operator responds to rumors of punishment: The punishment decision has not been finalized, and if it takes effect, it will only affect the asset withdrawal of new users

ChainCatcher news, Upbit's operator Dunamu responded to rumors about business suspension penalties. The company stated that the penalty decision by the Financial Intelligence Unit (FIU) has not been finalized and will be defended through subsequent procedures such as the sanctions review committee.

Dunamu emphasized that even if the penalty takes effect, it will not affect the trading functions of existing and new users. The core content of the penalty is limited to restricting new users from transferring cryptocurrency assets outside the exchange within a specific period.