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3232Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement
https://www.digit.info/bitgo-files-lawsuit-against-novogratzs-galaxy-digital-for-100m-over-intentional-breach-of-a-merger-agreement/
Wed, 14 Sep 2022 21:30:36 +0000https://www.digit.info/2022/09/14/bitgo-files-lawsuit-against-novogratzs-galaxy-digital-for-100m-over-intentional-breach-of-a-merger-agreement/Read more]]>According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional breach of its merger agreement” caused the lawsuit. Bitgo Seeks Damages From […]
]]>Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
https://www.digit.info/galaxy-digital-terminates-1-2-billion-bitgo-acquisition-deal-crypto-firm-still-plans-for-nasdaq-listing/
Tue, 16 Aug 2022 06:00:12 +0000https://www.digit.info/2022/08/16/galaxy-digital-terminates-1-2-billion-bitgo-acquisition-deal-crypto-firm-still-plans-for-nasdaq-listing/Read more]]>Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure to deliver” audited financial statements for 2021. Galaxy Ends Deal With the Crypto Custodian Bitgo On […]
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional breach of its merger agreement” caused the lawsuit. Bitgo Seeks Damages From […]
Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure to deliver” audited financial statements for 2021. Galaxy Ends Deal With the Crypto Custodian Bitgo On […]