After reports of a police raid and the lifting of a proposed six-month suspension, South Korea-based crypto exchange Bithumb is under scrutiny from policymakers over its handling of users’ personal data.

South Korea's PIPC fined Bithumb 210 million won for user data transfer violations, adding to a $24.6 million AML penalty and growing regulatory pressure.

South Korea's privacy watchdog said Thursday it has fined Bithumb, a major crypto exchange in the country, 210 million won ($135,700) for violating rules on the