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The Nexus
SECURITYJul 19 · 20:31 UTCTHE BLOCKZack Abrams

Upbit parent Dunamu faces sanction process nearly eight months after $30 million hack: report

Dunamu, the parent company of Upbit, is undergoing a sanction process nearly eight months after a $30 million hack. The severity of sanctions remains unclear due to a lack of direct provisions in South Korea's current crypto law for hacking or IT failures.

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