Terra Classic (LUNC) Impacted Crypto Exchange Under Investigation

South Korea’s Financial Intelligence Unit (FIU) extends its comprehensive anti-money laundering and compliance inspection into crypto exchange Bithumb for two more days. The South Korean regulators have maintained a strict stance against crypto exchanges after the collapse of Terra Classic (LUNC) in May. The FIU has already completed inspections and audits of Upbit, Gopax, and Coinone.