韓國 Upbit 加密貨幣交易所因潛在的 KYC 違規行為而面臨審查

韓國金融情報機構 (FIU) 發現 Upbit 存在 50 萬至 60 萬起涉嫌違反「了解你的客戶」(KYC) 要求的行為

South Korea’s Financial Intelligence Unit (FIU) has uncovered a staggering 500,000 to 600,000 suspected violations of Know Your Customer (KYC) requirements at Upbit, the country’s largest cryptocurrency exchange.

韓國金融情報機構 (FIU) 發現該國最大的加密貨幣交易所 Upbit 存在 50 萬至 60 萬起涉嫌違反「了解你的客戶」(KYC) 要求的行為。

The discovery comes during a meticulous review of Upbit’s business license renewal application, raising concerns about potential legal and regulatory ramifications.

這項發現是在對 Upbit 的營業執照續約申請進行仔細審查時發現的，引發了人們對潛在法律和監管後果的擔憂。

Potential KYC Violations on Upbit

Upbit 潛在的 KYC 違規行為

According to sources within South Korea’s financial sector, the FIU’s findings were the result of an intensive inspection that began in late August. The violations pertain to lapses in Upbit’s customer verification processes, a crucial component of anti-money laundering (AML) and counter-terrorist financing (CTF) measures.

據韓國金融部門內部消息人士稱，金融情報機構的調查結果是八月下旬開始的密集檢查的結果。這些違規行為與 Upbit 客戶驗證流程的失誤有關，而客戶驗證流程是反洗錢 (AML) 和反恐融資 (CTF) 措施的重要組成部分。

Examples of breaches include accounts being approved despite incomplete or blurred identification documents. According to the financial regulator, this could facilitate illicit activities such as money laundering.

違規的例子包括儘管身份證明文件不完整或模糊，但帳戶仍被批准。金融監理機構表示，這可能助長洗錢等非法活動。

An official from Upbit reportedly refrained from commenting on the FIU’s ongoing review, citing confidentiality clauses. However, the exchange’s operational future hangs in the balance as financial authorities verify the validity of the flagged cases. Potential fines of up to 100 million won (approximately $75,000) per violation loom.

據報道，Upbit 的一名官員以保密條款為由，沒有對金融情報機構正在進行的審查發表評論。然而，隨著金融當局核實所標記案例的有效性，該交易所的營運未來仍懸而未決。每項違規行為可能面臨高達 1 億韓元（約 75,000 美元）的罰款。

This is not the first time Upbit has been scrutinized. South Korean authorities have consistently monitored the exchange due to its dominant position in the local crypto market. Of note is that it is the largest trading volume in the South Asian region.

這並不是 Upbit 第一次受到審查。由於該交易所在當地加密市場的主導地位，韓國當局一直對其進行監控。值得注意的是，這是南亞地區交易量最大的。

As BeInCrypto reported, South Korean lawmakers recently opened an investigation against Upbit. The probe centered on the monopoly structure of the virtual asset market built around the trading platform. Similarly, listings on Upbit have been known to cause significant market fluctuations, leading to questions about transparency and fair practices.

據 BeInCrypto 報導，韓國立法者最近對 Upbit 展開了調查。此次調查的重點是圍繞交易平台所建構的虛擬資產市場的壟斷結構。同樣，眾所周知，Upbit 上的上市會造成重大市場波動，引發對透明度和公平做法的質疑。

Upbit Listings Remain Controversial

Upbit 上市仍有爭議

Recently, Upbit’s move to expand the Uniswap (UNI) trading pair caused a 150% volume spike for the decentralized exchange token. Similarly, the exchange’s popularity boosted Cat in a Dogs World (MEW) to a new peak, also following trading pair expansion. Other tokens that have benefited from trading activities on Upbit include Injective (INJ) and real-world asset (RWA) token Ondo Finance (ONDO).

最近，Upbit 擴大 Uniswap (UNI) 交易對的舉措導致去中心化交易所代幣的交易量激增 150%。同樣，隨著交易對的擴張，該交易所的受歡迎程度也將貓狗世界（MEW）推向了新的高峰。其他受益於 Upbit 交易活動的代幣包括 Injective (INJ) 和現實世界資產 (RWA) 代幣 Ondo Finance (ONDO)。

Nevertheless, it is impossible to ignore the prevalence of South Korean traders engaging in “pump and dump” schemes, particularly for altcoins. As noted by CryptoQuant CEO Ki Yong Ju, some traders exploit Upbit’s listings to artificially inflate token prices before selling them off, leaving other investors at a loss.

然而，我們無法忽視韓國交易者普遍參與「拉高拋售」計劃，尤其是山寨幣。正如 CryptoQuant 執行長 Ki Yong Ju 所指出的，一些交易員利用 Upbit 的上市人為抬高代幣價格，然後將其出售，從而使其他投資者蒙受損失。

“Korean crypto traders love pumping & dumping altcoins, ironically,” Young Ju noted, demonstrating with a video.

「諷刺的是，韓國加密貨幣交易者喜歡拉高並拋售山寨幣，」Young Ju 在影片中指出。

In addition, traders tend to exploit the Kimchi premium, a price gap between South Korean and overseas exchanges. While these practices are not directly linked to Upbit’s management, the exchange’s listings wield an undeniable influence on the market.

此外，交易商往往會利用泡菜溢價，即韓國和海外交易所之間的價格差距。雖然這些做法與 Upbit 的管理層沒有直接關係，但該交易所的上市對市場產生了不可否認的影響。

Meanwhile, even in the face of ongoing regulatory challenges, Upbit has recently taken steps to enhance transparency and user protection. In July, the exchange issued its first public disclosure under the newly enacted Virtual Asset User Protection Act. This testified to Upbit’s financial stability, user asset holdings, and risk management practices, reflecting an effort to align with changing regulatory standards.

同時，即使面臨持續的監管挑戰，Upbit 最近也採取措施提高透明度和用戶保護。 7月，該交易所根據新頒布的《虛擬資產用戶保護法》首次公開揭露資訊。這證明了 Upbit 的財務穩定性、用戶資產持有量和風險管理實踐，反映了 Upbit 為適應不斷變化的監管標準所做的努力。

Additionally, Upbit has made strides in global compliance. In January, it secured a Digital Payment Token Services License from Singapore’s Monetary Authority of Singapore (MAS). This milestone followed an earlier conditional approval from the same regulator. The license reflects Upbit’s commitment to regulatory adherence in international markets, even as it faces scrutiny at home.

此外，Upbit 在全球合規性方面也取得了長足進展。一月份，它獲得了新加坡金融管理局（MAS）頒發的數位支付令牌服務許可證。這一里程碑是在同一監管機構早些時候有條件批准之後實現的。該許可證反映了 Upbit 對遵守國際市場監管的承諾，即使它在國內面臨審查。

Notwithstanding, the FIU’s findings could have far-reaching implications for Upbit, both domestically and internationally. While the financial watchdog has yet to announce definitive conclusions, the scale of potential violations could result in hefty fines.

儘管如此，金融情報機構的調查結果可能會對 Upbit 在國內和國際上產生深遠的影響。儘管金融監管機構尚未公佈明確結論，但潛在違規規模可能會導致巨額罰款。

Furthermore, besides reputation damage, the case may prompt broader discussions about KYC practices and regulatory compliance across South Korea’s growing crypto sector. Upbit’s influence as a market leader makes its actions particularly significant. Beyond dominating South Korea’s trading volume, Upbit also shapes trends and token adoption rates.

此外，除了聲譽受損之外，該案還可能引發有關韓國不斷發展的加密行業的 KYC 實踐和監管合規性的更廣泛討論。 Upbit 作為市場領導者的影響力使其行動特別重要。除了主導韓國的交易量之外，Upbit 還塑造了趨勢和代幣採用率。