Superstar plastic surgeon buys major South Korean cryptocurrency exchange

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Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands.

A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million.

Bithumb will now be directly managed by Singapore-based investment group BK Global Consortium, after it purchased a 50-percent stake (plus one share) from its largest shareholder, BTC Holdings Co., Bloomberg reports.

To confuse matters, BK Global is also a major shareholder in BTC Holdings. BK Global have effectively ‘doubled-down’ on its investment, by selling itself enough shares to have direct control over Bithumb.

Running BK is Kim Byung-gun, one of South Korea’s premier plastic surgeons and founder of

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Read full article » https://thenextweb.com/hardfork/2018/10/12/bithumb-sold-plastic-surgeon/


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