{"id":29030,"date":"2020-09-22T16:26:05","date_gmt":"2020-09-22T13:26:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29030"},"modified":"2025-08-27T14:43:51","modified_gmt":"2025-08-27T11:43:51","slug":"media-bithumb-bitcoin-exchange-put-up-for-sale-again","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-bithumb-bitcoin-exchange-put-up-for-sale-again\/","title":{"rendered":"Media: Bithumb Bitcoin exchange put up for sale again"},"content":{"rendered":"

South Korean cryptocurrency exchange Bithumb is again seeking a buyer. The deal is being led by Samjong KPMG, Herald Corporation<\/a> reports, citing sources.<\/p>\n

The value of the trading platform ranges from $430 million to $600 million. According to sources, foreign investors and local private equity funds have expressed interest.<\/p>\n

\n

The outlet notes that a genuine buyer would have to undergo arduous procedures because of Bithumb’s current problems.<\/p>\n<\/blockquote>\n

Earlier, on 18 September, the CEO Lee Jung-hoon was called to testify<\/a> in a case of fraud involving the native Bithumb token BXA. According to investigators, he raised about 30 billion won (~$25 million) in a pre-sale but did not list the coin.<\/p>\n

Earlier, Seoul police carried out<\/a> several searches at Bithumb offices and seized<\/a> a portion of the shares of Bithumb Holdings owned by the director of Bithumb Korea Kim Ben Ge-nu.<\/p>\n

In 2018, the crypto exchange was put up for sale at a price of $350 million. At that time, the Singapore-based BK Global Consortium expressed interest in the deal. A year later, reports emerged of the purchase falling through.<\/p>\n

Subscribe to ForkLog’s channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

South Korean cryptocurrency exchange Bithumb is again seeking a buyer. The deal is being led by Samjong KPMG, Herald Corporation reports, citing sources.<\/p>\n","protected":false},"author":1,"featured_media":29031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[973,1166,974],"class_list":["post-29030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bithumb","tag-centralized-exchanges-cex","tag-south-korea"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29030"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29030\/revisions"}],"predecessor-version":[{"id":29032,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29030\/revisions\/29032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29031"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}