Doonamu files an objection to the FIU's 35.2 billion won fine.

Dunamu, the operator of Upbit, has initiated legal proceedings to challenge the appropriateness of the fine imposed by financial authorities. According to Dailyan, Dunamu has recently filed an objection to the 35.2 billion won fine imposed by the Financial Intelligence Unit (FIU) under the Financial Services Commission. The FIU previously conducted an inspection of Dunamu in November of last year, finding violations of the Specific Financial Transaction Information Act (Special Financial Transaction Information Act) and imposing a 35.2 billion won fine. Under current law, if a person subject to a fine files an objection, the fine is suspended and the final amount is determined through a fine trial in the competent court. Accordingly, the final amount of Dunamu's fine could be adjusted based on the court's decision in the future.