**[Bithumb Faces "6-Month Partial Suspension" and Other Penalties for Violating South Korea's "Special Financial Information Act"]** Foresight News reports, citing News1, that South Korea's Financial Intelligence Unit (FIU) has recently issued a preliminary notice to cryptocurrency exchange Bithumb, planning to impose severe penalties, including a "6-month partial suspension" and "CEO disciplinary actions," for violations of obligations under the Special Financial Information Act (SFIA). The FIU pointed out that Bithumb engaged in transactions with unregistered overseas service providers and failed to fulfill KYC obligations, violating AML regulations. The sanctions will only apply to the transfer of crypto assets by new users, while existing users' KRW and token deposits, withdrawals, and trading functions will remain operational. The Sanctions Review Committee is expected to convene later this month to finalize the severity of the penalties. Previously, Upbit was penalized with a 3-month partial suspension and a fine of 35.2 billion KRW for similar violations, while Korbit faced fines and institutional warnings. In response, Bithumb stated that the matter is still in the preliminary notice stage, and the final outcome may be adjusted after the review process.