OmiseGO Denies They Have Been Acquired By Charoen Pokphand Group

According to a recent report released by The Block, the largest private company in Thailand, Charoen Pokhand Group, has acquired Omise, the firm behind OmiseGo (OMG). However, Hasegawa Jun, the founder of Omise, has denied all the rumours in a letter to Cointelegraph dated on March 30.

Omise Was Not Purchased By Pokphand Group

According to the information received by Cointelegraph, Jun requests The Block to immediately remove the story in which they inform that Omise was purchased by the Pokphand Group. He is also requesting the site to publish an apology statement and issue a correction to the article.

The Block reported that the company acquired Omise for $150 million. However, Omise has denied all these things. The firm has revealed on Twitter that the information reported by The Block is false and Omise has not been acquired by any company.

According to Jun, the article is false and they have reached out to The Block to rectify the article and take the necessary actions.

The CEO of The Block responded that they do not reveal the sources of the information they have but that there were some individuals inside and outside Omise that could have some information about this.

Jun has also warned that Omise will be taking legal action against The Block if they do not remove the story and publish an apology statement. The site would also have to correct the article. According to him, this rumor could have a negative impact on Omise Holdings and its subsidiaries.

We have requested more information to Omise at BitcoinExchangeGuide. We will keep the article updated as soon as they answer.

Omise is currently the 26th largest cryptocurrency in the market. It has a market capitalization of $140 million and each OMG can be purchased for $1.89.

Live OmiseGO (OMG) Price:

1 OMG/USD =$3.7418 change ~ -3.97%

Coin Market Cap

$524.78 Million

24 Hour Volume

$73.91 Million

24 Hour VWAP


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