Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America, Latin America, Asia-Pacific, Middle East and Africa: 2,033 cases from 44 jurisdictions, each with an official source and checked against that source before publication. Filter by country, area of law and sector. Click a chart to drill down one level.
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Where?
by authority- Korea Financial Intelligence Unit (KoFIU) €42.1m 100 % · 2 cases
What for?
by action- Fine €42.1m 100 % · 2 cases
Who?
by sectorAll sectors
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 0 | – |
| Q1 2025 | 0 | – |
| Q2 2025 | 0 | – |
| Q3 2025 | 0 | – |
| Q4 2025 | 1 | €20.6m |
| Q1 2026 | 1 | €21.5m |
| Q2 2026 | 0 | – |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
2 cases
17 Mar 2026 Bithumb Co., Ltd.Bithumb: partial suspension and KRW 36.9bn fine for anti-money laundering breaches €21.5m
The KoFIU (Korea Financial Intelligence Unit) found that the crypto exchange Bithumb had processed 45,772 transfers of crypto assets with 18 virtual asset service providers that had not complied with their reporting obligation between August 2022 and April 2025, and had breached customer identification duties and the associated transaction restrictions in large numbers; there were also shortcomings in suspicious transaction reporting, record keeping and the risk assessment of new products. On 17 March 2026 it ordered a six-month partial suspension of business (no transfers of crypto assets for new customers from 27 March to 26 September 2026) and imposed a fine of KRW 36,873.5 million. The amount and the facts have not been confirmed against the primary source.
Crypto exchanges must check counterparties for deposits and withdrawals against the register of reported providers before allowing transfers.
Counterparty checks and customer identification for crypto transfers
- Authority / court
- Korea Financial Intelligence Unit (KoFIU)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Art. 4, 5, 5-2, 5-4 und 8 Act on Reporting and Using Specified Financial Transaction Information; Art. 9, 10-6, 10-9 und 10-20 Durchführungsverordnung (Teilsperre wegen Art. 8 i. V. m. Art. 10-20 DVO: Geschäfte mit nicht gemeldeten Anbietern)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Liability of senior managers
- Measures against individuals are not set out here.
- Published
- 17 Mar 2026
Original amount 36,873,500,000 KRW, converted at the ECB reference rate of 17 Mar 2026.
- KoFIU 제재공시, Detailseite Eintrag Nr. 119 (17.03.2026) mit PDF (주)빗썸 제재내용 공개안 Enforcement database of an authority
- KoFIU 제재공시 (Sanktionsveröffentlichungen), Eintrag Nr. 119 vom 17.03.2026: (주)빗썸 제재내용 공개안 (PDF), dazu Nr. 118 개선조치 요구사항 Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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9 Dec 2025 Dunamu Inc.Upbit operator Dunamu: KRW 35.2bn fine for customer due diligence failures €20.6m
The KoFIU (Korea Financial Intelligence Unit) found that Dunamu, operator of the crypto exchange Upbit, had failed to identify customers with due care in 5,324,165 cases between October 2021 and October 2024, for instance where identity documents could not be verified, were mere copies or photos, or where addresses were blank or implausible, and had nevertheless allowed transactions in 3,331,570 of these cases. In addition, it failed to file suspicious transaction reports on 15 customers linked to warrant applications by investigative authorities, and its monitoring system did not detect unusual patterns such as large crypto deposits followed by sale and withdrawal; KoFIU imposed a fine of KRW 35,215.6 million on 9 December 2025. The amount and the facts have not been confirmed against the primary source.
Digital onboarding processes need checks that reliably reject copies of identity documents and implausible addresses before trading is possible.
Customer identification (KYC) at crypto exchanges
- Authority / court
- Korea Financial Intelligence Unit (KoFIU)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Art. 4, 5, 5-2 und 8 Act on Reporting and Using Specified Financial Transaction Information; Art. 9, 10-4, 10-6 und 10-20 Durchführungsverordnung
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 9 Dec 2025
Original amount 35,215,600,000 KRW, converted at the ECB reference rate of 9 Dec 2025.
- KoFIU 제재공시, Detailseite Eintrag Nr. 108 (09.12.2025) mit PDF 두나무(주) 제재내용 공개안 Enforcement database of an authority
- KoFIU 제재공시 (Sanktionsveröffentlichungen), Eintrag Nr. 108 vom 09.12.2025: 두나무(주) 제재내용 공개안 (PDF) Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link