The South Korean crypto exchange Korbit has been hit with a fine over "collecting excessive personal data" from at least one of its customers. According to the news agency Yonhap, the exchange was fined just over USD 4,000 by a government watchdog for ordering a customer who had attempted to activate a dormant account on its platform to upload a photograph of their
Crypto Exchange Korbit Charged for 'Excessive Customer Data Collection'
Crypto News - 17 Jul 2021 02:00
The South Korean crypto exchange Korbit has been hit with a fine over "collecting excessive personal data" from at least one of its customers. According to the news agency Yonhap, the exchange was fined just over USD 4,000 by a government watchdog for ordering a customer who had attempted to activate a dormant account on its platform to upload a photograph of their
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