Security
Upbit $30 Million Hack Triggers Sanctions the Law Never Planned For
The Cryptonomist·July 20, 2026·1 min read
South Korea's Financial Supervisory Service has initiated sanction procedures against Dunamu, operator of Upbit, following the Upbit $30 million hack that stripped the platform of Solana-based assets nearly eight months ago. Regulators are moving to hold someone accountable for the significant security breach at the South Korean crypto exchange.
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