Is South Korea Buying Crypto Exchange Bitstamp?

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The crypto rumor mill is churning again. What’s the news this time? According to a tweet from New York Times journalist Nathaniel Popper, South Korean investors might be buying the crypto exchange Bitstamp. The supposed acquisition is said to amount to about $400 million.

Along with all the other news about virtual currency exchanges, I’ve heard from numerous sources that one of the oldest exchanges, Bitstamp, is in the final stages of being sold to South Korean investors for ~$400m. Neither the exchange nor the buyers are commenting.

— Nathaniel Popper (@nathanielpopper) March 22, ...

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