Crypto Clash: OmiseGo Denies $150 Million Acquisition, Slams Report as Fake News
The founder of Omise torched a report that the crypto project had been acquired in a blockbuster $150 million deal. | Source: Shutterstock
The founder of Omise — the company behind the OmiseGo cryptocurrency — denied reports that his Ethereum-based payments platform was acquired for $150 million by Charoen Pokphand Group, Thailand’s largest private company.
Omise Founder Demands Retraction
Jun Hasegawa issued an angry denial on Twitter, where he accused the crypto news website The Block of pushing fake news.
Hasegawa also threatened to take legal action if a correction/retraction isn’t issued. Hasegawa has not yet responded to CCN’s requests for comment.
In response to Hasegawa’s volcanic denials, The Block reporter who broke the story says he stands by his reporting and his “extensive sourcing.”
OmiseGo Recently Partnered With Korean Bank
The brouhaha erupted on March 29 after The Block reported that Charoen Pokphand Group had acquired Omise for $150 million, citing “several sources close to the deal.”
The Charawanon family — which owns the Charoen Pokphand Group — has a net worth topping $36 billion, according to Forbes Asia. This makes Charawanon’s the fourth wealthiest family in Asia.
Omise is one of Thailand’s top payment services providers. In April 2018, Shinhan — one of South Korea’s largest banks — entered a strategic partnership with Omise to accelerate the implementation of blockchain technology in South Korea and across Asia.