Legal Consultation and Loan Support... Upbit Establishes Investor Protection Center with 10 Billion Won Investment
CEO Lee Seok-woo, Vice President Kim Hyung-nyeon, and Others Also Organize Participation Preparation Committee
[Asia Economy Reporter Minwoo Lee] Dunamu, the operator of the domestic cryptocurrency exchange 'Upbit,' will invest 10 billion KRW to establish an Investor Protection Center. Through this, they plan to set up investor protection measures such as legal support and counseling for fraud victims, and emergency low-interest loan support.
On the 6th, Dunamu announced that it will establish the 'Upbit Digital Asset Investor Protection Center (tentative name).' This is intended to lay the foundation for ESG (Environmental, Social, and Governance) management. As the first phase, the Upbit Digital Asset Investor Protection Center will be established, and next year, an ESG Management Committee chaired by Song Chi-hyung, Chairman of Dunamu's Board of Directors, will be newly formed.
The Investor Protection Center will carry out ▲ digital asset education and research ▲ analysis of digital asset fraud types and prevention campaigns ▲ legal support and counseling for digital asset fraud victims ▲ partial preservation of fraud victim funds and emergency low-interest loan support.
Additionally, Dunamu has organized a preparatory committee aiming to establish the ‘Upbit Digital Asset Investor Protection Center’ within this year. Vice President Kim Hyung-nyeon of Dunamu will serve as the chair of the preparatory committee, with Vice Chairman Lee Seok-woo, CEO of Dunamu, as vice chair. Internal preparatory members include Chief Financial Officer (CFO) Nam Seung-hyun and Chief Operating Officer (COO) Jeong Min-seok. External preparatory members are expected to join later.
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A Dunamu official stated, "While operating the CEO-directly managed ‘Listing Fraud Reporting Channel,’ we strongly felt the need for education to help accurate understanding of digital assets and proactive measures for investor protection and damage prevention," adding, "We plan to closely examine the situations investors face and develop programs to ensure there are no blind spots."
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