Korbit was fined $1.9 million in AML during negotiations to sell the stake to Mirae Asset
Korbit, the South Korean crypto exchange in talks to be bought by Mirae Asset, was fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti-money laundering and customer verification violations. The financial intelligence unit said the exchange violated key provisions of the country’s special financial transactions law, including the lapse of customer […]









