South Korean gaming conglomerate Nexon denies plans to acquire

Major gaming conglomerate Nexon will not be acquiring leading South Korean crypto exchange Bithumb, as previously alleged in local media.

In an email to Cointelegraph, a representative for Nexon said that the firm “has not invested in Bithumb and has no plans to acquire that company.” The email clarified that claims to the contrary had resulted from “an inaccurate news account last week.” “We cannot comment on the investment plans of other companies,” the representative added.