The Financial Intelligence Unit of the Financial Services Commission of South Korea found that the Upbit exchange may have up to 600,000 KYC violations! 😮 Each violation could result in a fine of up to $71,500, which is not a small amount for Upbit. In addition, these issues may affect the renewal of its business license. The importance of KYC compliance in the crypto world is self-evident. What impact do you think this will have on the market? Feel free to share your thoughts in the comments section!