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. origin »
|
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”
2024-5-26 01:00 | |
|
|
A United States court in Delaware just dismissed a year-long case between Galaxy Digital, a crypto investment company, and BitGo, a digital asset custody and security company. BitGo filed claims against the crypto investment firm last year over a supposedly botched acquisition deal.
2023-6-14 19:00 | |
|
|
The Delaware Court of Chancery has granted a motion by Galaxy Digital, resulting in the dismissal of BitGo's case following the abandoned acquisition.
2023-6-12 21:30 | |
|
|
A Delaware court dismissed BitGo’s lawsuit against Galaxy Digital on June 12 for prematurely backing out of its offer to acquire the former for $1. 2 billion. BitGo had argued that the agreement was terminated before it was intended to end and is owed damages under the termination fee clause.
2023-6-13 20:13 | |
|
|
Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market.
2023-6-13 18:51 | |
|
|
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court.
2022-9-14 17:03 | |
|
|
Daren Li oversaw the transfer of more than $73 million away from crypto scam victims to wallets he and his co-conspirators controlled.
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.
The next bail hearing has been scheduled for Oct. 9.
The executive was taken to hospital; his injuries were not life threatening.
A court in Dubai ordered a company to pay an employee using a cryptocurrency token, as agreed in the employment contract. The ruling raises several questions even as it lends some legitimization to crypto in the region.
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.
