South Korea Fines Bithumb $151,000 for Transferring User Data Overseas Without Consent on June 25

According to NoCurt News, South Korea's Personal Information Protection Commission fined Bithumb 211 million won (approximately $151,000) on June 25 for transferring user personal data overseas without proper consent. The investigation found that between September and November 2025, Bithumb shared user data from its USDT market order book with an overseas exchange, claiming to transfer information to a platform identified as Stellar Exchange. However, investigators discovered that member identification numbers and order information were actually sent to a different exchange's system.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments