Bithumb acquisition deal is going through rough waters due to questionable payments related to the South Korean crypto exchange Bithumb. Reportedly, overseas investors are facing a tough time closing the deal due to a myriad of reasons. BK Global Consortium, the firm involved in the acquisition, is led by a leading plastic surgeon of South Korea. In October 2018, the group reached an agreement to purchase BTC Holding Co.’s fifty percent (50%) plus one share for three hundred fifty-two million dollars ($352M). BTC Holding Co. is one of the largest investors in Bithumb. However, latest reports suggest that BK Global
