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[EXCLUSIVE] Bithumb s top execs face lawsuit in Hong Kong for fraud
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
JPMorgan, Binance still tapped as potential buyers of Bithumb
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Vidente denies partnership with Nexon for Bithumb takeover
Posted : 2021-01-08 16:35
By Park Jae-hyuk
Vidente, a major shareholder of Bithumb Korea, has denied news reports that the company is in talks with Nexon to jointly take over a controlling stake in the cryptocurrency exchange operator, according to a regulatory filing Friday.
Local news outlets reported Thursday that Nexon founder Kim Jung-ju had joined hands with Vidente to acquire the managerial rights of Bithumb Korea from Bithumb Holdings for about 500 billion won ($457 million).
The reports said Kim signed a memorandum of understanding with the seller earlier this month, so that Nexon s holding company, NXC, could buy a 65 percent stake in the exchange operator.