Wu said that Upbit has issued a statement clarifying some information regarding regulatory sanctions, stating that it is not true that 30000 fake ID cards (including hand drawn ID cards) have passed the KYC system. Upbit conducts KYC through several additional procedures, including identity recognition. If members submit insufficient ID documents, they will be required to re execute the process. Regarding transactions on unreported virtual asset exchanges, Upbit stated that under the Specific Financial Information Act, it has restricted withdrawal transactions with 23 unreported exchanges such as MexC and Kucoin, and has cumulatively restricted 227115 related withdrawals. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38525