The Korean court blocked the FIU from imposing a "partial suspension of business" sanction on Bithumb.

Techub News, according to Yonhap News Agency, the Second Administrative Division of the Seoul Administrative Court has accepted Bithumb's application for a stay of execution, ordering the suspension of the six-month partial business suspension penalty imposed by the Financial Intelligence Unit (FIU). Previously, in March of last year, the FIU fined Bithumb 36.8 billion KRW and imposed severe penalties, including a six-month suspension of operations. The FIU pointed out that Bithumb violated 6.65 million provisions of the Specific Financial Information Act, such as the prohibition on transactions with unregistered virtual asset service providers, customer identification obligations, and transaction restriction obligations.