South Korean financial authorities are set to impose sanctions on several cryptocurrency exchanges for breaching anti-money laundering (AML) regulations. Following penalties on Dunamu, the operator of Upbit, the Financial Supervisory Service (FIU) plans to target other exchanges, including Korbit, Gopax, Bithumb, and Coinone. These actions come after on-site inspections conducted since last year, with the FIU now in the legal review and sanctions deliberation phase. The sanctions are expected to be similar in severity to those imposed on Dunamu, which included a three-month suspension on new customer deposits and withdrawals and a fine of 35.2 billion won. Other exchanges may face fines in the tens of billions of won, depending on the severity of their violations. Due to the volume of cases, the FIU anticipates that most sanctions will be delayed until the first half of next year.