# Regulators Pursue Exchange Operators Over Hacks

National regulators increasingly open sanction or penalty proceedings against exchange operators for security breaches, making post-hack regulatory liability a recurring operating cost for centralized venues rather than a one-off, and this pattern repeats jurisdiction by jurisdiction as crypto oversight matures in Asia and beyond.

- Conviction: 34 / 100 (forming)
- Horizon: Emerging (watchlist)
- Tracking since: 2026-07-20T00:00:00.000Z
- Last updated: 2026-07-20T14:00:02.407Z
- Canonical: https://polylog.news/crypto/trends/exchange-operator-liability-for-hacks
- Publisher: Polylog
- Affected regions: Global

## Recent score history

- 2026-07-20: 34
- 2026-07-21: 32

## Recent evidence

- [confirms] South Korea Moves to Sanction Upbit's Operator Over 2025 Hack (2026-07-20): South Korea's Financial Supervisory Service opened proceedings to sanction Dunamu, operator of the Upbit exchange, over a 2025 hack, though legal gaps leave possible penalties unclear. A regulator moving to hold an exchange operator liable for a security breach opens a distinct post-hack accountability thread.