Bithumb Acquisition Deal ‘Off’ as Chinese, American Investors Close in

Cryptonews South Korean cryptocurrency exchange Bithumb is likely to end up “in Chinese or American hands” with the company that had agreed to buy the exchange expected to default on payment. As previously reported, South Korean-owned, Singapore-based BK Consortium last October agreed to pay some USD 350 million for a controlling stake in the company of 50% plus one share of September 30, 2019 at 05:02AM By Crypto News