Who is the real owner of Bithumb cryptocurrency exchange?
Many people began to raise the question as auto parts maker Dual Industrial is reportedly seeking to take over Bithumb.
In its recent filing on the Korea Stock Exchange, Dual said it would take over 57.41 percent of SG BK Holdings stakes, the parent firm of Bithumb, at 235.7 billion won.
This would make Dual the largest shareholder of SG BK Holdings.
It may take time to determine who is the real owner of the cryptocurrency exchange as both sides issued conflicting statements. It is also unclear why the two sides publicized contrasting statements.
