OmiseGo (OMG) comments on acquisition news: "information is false"

30 Mar, 2019
OmiseGo (OMG) comments on acquisition news: information is false

The latest news surrounding OmiseGO was that the company had been acquired by the largest private company in Thailand. However this news turns out to be fake as OmiseGo commented on the recent news. 

OmiseGO took to social media to comment on the recent news that it was involved in a $150 million acquisition by the Charoen Pokphand Group (CP Group), as reported originally by TheBlock

Read more: OmiseGO (OMG) firm bought by CP Group for $150 million, price up 12%

Following the news that the company had been purchased for a mammoth $150 million, the OMG token immediately saw double figure gains. However, OmiseGO have no commented on the news that has been flying around stating that this "information is false"

Founder of OmiseGO, Jun Hasegawa also commented on the article shared by another twitter user, commenting "fake" on the post. However the tweet was deleted by the user shortly after. Hasegawa also tweeted that the information was in fact false. 

It appears users should ensure they wait in future for an announcement by the actual company before assuming the news is in fact legitimate based on online news sources.

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Read more about: OmiseGo (OMG)

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