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One of the largest crypto exchanges closes some of its offices due to COVID-19.


Coronavirus has forced South Korea’s largest crypt currency exchange, Bithumb, to close some of its offices.

A statement from the trading floor press centre said that its offices will be temporarily closed in Gangnam and Seoul. These measures are necessary to prevent the further spread of COVID-19.

The customer support centres will be closed until the middle of this week. At the same time, the Bithumb online support centre will continue to operate as normal in order to solve traders‘ problems if necessary.

It should be noted that the Bithumb exchange has recently found itself at the centre of a major scandal. In early autumn, information was received about searches in the company’s offices. The platform management was suspected of fraud using BXA tokens, which were issued by the Blockchain Exchange Alliance team.

At the end of September, the media reported that the consulting company Samjong KPMG is ready to sell the Bithumb cryptographic exchange for at least 500 billion won (about $430 million).