The CEO of South Korean cryptocurrency exchange Coinone denies rumors of selling shares to Com2uS.

ChainCatcher news, according to IT Chosun, the CEO of the South Korean cryptocurrency exchange Coinone, Cha Myung-hun, has denied rumors that he is negotiating with the gaming company Com2uS Holdings to sell a portion of the company's shares.

As of last year, Cha held a total of 53.46% of Coinone's shares through his personal company The One Group and personal holdings. Although there were previous speculations that if the deal went through, Com2uS would become the largest shareholder of Coinone, representatives from both companies have denied these rumors.

Previous news, the CEO of the South Korean cryptocurrency exchange Coinone, Myung-hoon Cha, is in negotiations with the mid-sized gaming company Com2uS Holdings regarding the sale of company shares.