South Korean cryptocurrency exchange Bithumb was sold for $354 mln to BK Global Consortium, led by Kim Byung-gun, a plastic surgeon and Blockchain platform investor.
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The deal signed on Thursday made BK Global Consortium the largest stakeholder of Bithumb with 50 percent plus one share bought from BTC Holdings for 400 billion won ($354.09 mln).
Kim Byung-gun is the head of Singapore-based BK Medical group with plastic and aesthetic clinics in Singapore and South Korea.
Earlier this year, the exchange has been hacked and around $32 mln worth of cryptocurrency was stolen.
Arman Shirinyan
Tomiwabold Olajide
Gamza Khanzadaev
