BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules

2024-5-26 23:26

Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit.

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Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages

Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications – but the scope of its latest request filed on Tuesday has been dialed back after resistance from a federal judge.