According to ChainCatcher, the Seoul Administrative Court has temporarily suspended the "three-month partial business suspension" penalty imposed by the Financial Intelligence Unit (FIU) on Dunamu, the parent company of crypto exchange Upbit. The court has approved Dunamu's administrative lawsuit and emergency suspension request, with the penalty to be reinstated 30 days after the main case verdict takes effect. This means that Upbit can continue to allow new users to deposit and withdraw crypto assets.

Previously, the FIU accused Upbit of trading with overseas unregistered exchanges without real-name verification, violating the Special Financial Transaction Act.