Tag: Gopax

Binance is reportedly in the final stages of negotiations to sell a majority stake in South Korean exchange Gopax to local cloud service provider Megazone. According to a July 11 report by South Korea's Chosun Ilbo, the move is part of Binance's efforts to address governance concerns raised by local ...

Binance is facing allegations of selling Gopax user deposit claims in Genesis Global without creditor approval, as reported by South Korean news outlet Hankyung. Binance is now the largest shareholder of the South Korean exchange Gopax. Last year, Binance-backed Gopax reportedly sold user claims in Genesis Global for less than ...