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Binance refuses comments on reports that it was planning to buy GOPAX

Nishit Jogi by Nishit Jogi
January 4, 2023
in News
Reading Time: 1 min read
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Home » News » Binance refuses comments on reports that it was planning to buy GOPAX

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Binance, the world’s largest cryptocurrency exchange, declined to comment on local media reports that it is in advanced talks to acquire GOPAX, a South Korean digital asset exchange. Binance is attempting to acquire a 41.2% stake in GOPAX from founder and largest shareholder Lee Jun-haeng, and plans to retain Lee as CEO, according to local news outlet Decenter, citing an unnamed industry official. “We don’t comment on rumour or speculation,” a Binance spokesperson told Forkast via Telegram. GOPAX has not responded to requests for comment via phone or email.

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