A South Korean court has temporarily suspended the Financial Intelligence Unit's (FIU) partial business ban on the crypto exchange Coinone, providing immediate relief until May 29. The Seoul Administrative Court's decision on April 25 halts the FIU's enforcement action, which included a 5.2 billion won fine and a three-month suspension that would have restricted new customer onboarding. The FIU imposed the penalty on April 13, citing Coinone's failure to report suspicious transactions and inadequate customer due diligence. The court's suspension allows Coinone to continue operations and onboard new users while a full legal review of the FIU's decision is conducted. This case is closely watched as it could set a precedent for future regulatory actions in South Korea's crypto market.