South Korea’s FIU hands Coinone exchange a $3.49 million fine over AML breaches

Coinone exchange has received a three-month partial suspension from South Korea’s Financial Intelligence Unit (FIU) for violating anti-money laundering regulations.  Another regulatory body in the country, the Financial Supervisory Service (FSS) is simultaneously cracking down on automated trading programs that are being used to manipulate markets and investors.  The FIU sanctions Coinone South Korea’s Financial […]