South Korean regulator begins sanctions process against Dunamu: Report
The proceedings come as South Korea’s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and computer system incidents, leaving the scope of penalties uncertain.
The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase’s Ethena deal steals the spotlight.
XRP pushed higher over 24 hours and tested short-term resistance, but the larger chart still needs a clean break above the $1.24-$1.28 supply zone to confirm a stronger reversal.