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Photo #1 from Nurpur, Pakistan by Abdulhaq made on 2018-12-22 17:03 for Sola

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Bithumb has more than a million customers but suffered a devastating hacking attack in June that left more than $30 million worth of cryptocurrency stolen.Seoul: A consortium led by a prominent Seoul plastic surgeon purchased a controlling stakeinSouth Korea's largestcryptocurrencyexchange, reports said Friday.The hyper-wired South has emerged as one ofthe world's topBitcoinmarkets, at one point accounting for more than 20 percent of global bitcoin transactions -- about 10 times the country's share of the global economy.VC funds: Time to count the chickensSingapore-based BK Global Consortium bought a 50-percent stake plus one share in Bithumb, the country's biggest virtual currency exchange, from shareholder BTC Holdings for about 400 billion won ($353 million),Yonhapnews agency and other South Korean media said, citing industry sources.Bithumb has more than a million customers but suffered a devastating hacking attack in June that left more than $30 million worth of cryptocurrency stolen.South Korean exchanges have been hit by a series of attacks by hackers who stole millions of dollars, contributing to the market losing steam as prices tumbled.The BK consortium is an investment group led by Kim Byung-gun, a high-profile plastic surgeon who founded BK Plastic Surgery Hospital, a major clinic in Seoul that also has operations inSingapore

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