Korbit hit with $1.9 million AML fine amid talks to sell stake to Mirae Asset
Korbit, the South Korean crypto exchange in talks to be bought by Mirae Asset, was fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti money-laundering and customer verification breaches. The Financial Intelligence Unit said the exchange violated key provisions of the country’s Special Financial Transactions Act, including lapses in customer due-diligence…