According to South Korean media outlet Edaily, the Korean crypto exchange Coinone has officially filed a lawsuit against the Financial Intelligence Unit (FIU), seeking to revoke part of its business suspension and requesting a stay of execution. Previously, the FIU fined Coinone 5.2 billion KRW for violating the *Act on Reporting and Using Specified Financial Transaction Information*, citing issues related to transactions with unregistered operators, KYC, and transaction restrictions. The report states that following Coinone's lawsuit, major Korean exchanges Upbit, Bithumb, and Coinone have all entered legal disputes surrounding FIU sanctions. https://(wublock123.com)/news/coinone-sues-korea-fiu-over-partial-license-suspension-60194