Korbit

Korbit Receives $1.88 Million Fine Over Anti-Money Laundering Failures

The South Korean Crypto Exchange, Korbit, has been imposed with a fine of 1.88 million dollars, which is about 2.73 billion won, and has received an institutional warning by South Korea’s Financial Intelligence Unit (FIU). This strong decision comes after the comprehensive review that happened in late 2024, which found

December 31, 2025 2 mins read

Mirae Asset in Talks to Acquire Korbit for Up to $100M, Signaling Institutional Shift in South Korea’s Crypto Market

Mirae Asset Group, a leading financial conglomerate in South Korea, is allegedly engaged in active acquisition talks with Korbit, the fourth-largest cryptocurrency exchange in the country, with plans to buy the company at a price between 100 and 140 billion KRW, or around $70 million and $100 million. The acquisition

December 29, 2025 2 mins read