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Tag: KYC failures

Upbit KYC Violations: How 500,000 Compliance Failures Shook South Korea's Crypto Market

Upbit KYC Violations: How 500,000 Compliance Failures Shook South Korea's Crypto Market

Upbit's 500,000 KYC violations exposed massive compliance failures in South Korea's crypto market, triggering regulatory action and setting a global precedent for exchange accountability. This is what went wrong - and what it means for every crypto user.

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