FTC investigates Upbit operator Dunamu's headquarters in South Korea over unfair trade allegations.
Blockchain News

FTC Investigates Upbit Operator: The Shocking Dunamu Unfair Trade Probe Explained

Seoul, South Korea – February 2025: South Korea’s Fair Trade Commission (FTC) has launched a significant on-site investigation into Dunamu Inc., the prominent operator behind the Upbit cryptocurrency exchange. The probe, confirmed in early February, centers on serious allegations of unfair trade practices related to the exclusive trading of Dunamu’s own unlisted shares. This move […]

Samsung considers acquiring Kakao's stake in cryptocurrency exchange Dunamu in major fintech deal
Bitcoin News

Samsung’s Strategic Gambit: Financial Arms Eye $725M Kakao Stake in Cryptocurrency Giant Dunamu

SEOUL, South Korea – November 2024: In a potential seismic shift for South Korea’s financial technology sector, Samsung’s financial affiliates are reportedly exploring the acquisition of Kakao Investment’s substantial stake in Dunamu, the operator of Upbit cryptocurrency exchange. This strategic move, valued at approximately one trillion won ($725 million), could dramatically alter the competitive landscape […]