# South Korea Moves to Sanction Upbit's Operator Over 2025 Hack

The Financial Supervisory Service has opened proceedings against Dunamu, though legal gaps leave the possible penalties unclear.

- Published: 2026-07-20T05:27:14.675Z
- Canonical: https://polylog.news/crypto/2026-07-20/south-korea-moves-to-sanction-upbit-s-operator-over-2025-hac
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/south-korea-targets-dunamu-over-upbit-hack-as-legal-gaps-emerge/)

South Korea's Financial Supervisory Service (FSS) has begun sanctions proceedings against Dunamu, the operator of Upbit, the country's largest crypto exchange, over a 2025 hack of the platform. The action targets the operator rather than on…

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