Financial Intelligence Unit of the Korea Financial Services Commission Has Imposed Penalties on Gofax and Coinone

The Financial Intelligence Unit (FIU) of the Korea Financial Services Commission has sanctioned Gofax and Coinone with company-level warnings. The two platforms were fined tens of millions of won and hundreds of millions of won, respectively. In addition, the FIU will begin a sanctions review of Upbit's comprehensive audit results in October.