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by: xpoolPosted on: November 3, 2025

Upbit Preemptively Blocks Huewn Exchange Over Anti-Money Laundering Concerns

South Korea’s largest cryptocurrency exchange, Upbit, has taken action against Cambodia-based Huewn Exchange to prevent money laundering risks. The preemptive measure, implemented on November 2, 2025, froze assets and triggered enhanced customer verification for users involved with the exchange after a suspicious activity report in March 2025.

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Cryptocurrency Money Laundering Upbit

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