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BitGo seeks $100M+ from Galaxy Digital over merger termination

BitGo, a leading digital asset custodian, says it will seek over $100 million in termination fee damages from Mike Novogratz and Galaxy Digital Holdings Ltd.   A press release BitGo published on Monday noted that the crypto custodian viewed Galaxy’s earlier announcement that it had terminated their previously agreed acquisition deal as “improper. дальше »

2022-8-16 22:34


Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages

Galaxy Digital has announced that it’s backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of Palo Alto, California-based BitGo by digital asset investment firm Galaxy Digital has been canceled, ending one of the biggest acquisitions in cryptocurrency history. In […] дальше »

2022-8-16 21:44


Why Satoshi Nakamoto’s Impostor Craig Wright Must Pay $100M In Damages

The self-proclaimed Bitcoin inventor Craig Wright has been engaged in legal battles for years. One of the most prominent was the one carried out by Ira Kleiman, brother of Wright’s late partner David Kleiman, over the whereabouts of 1 million BTC mined by Satoshi Nakamoto, the pseudonym behind BTC’s creation. Related Reading | Only In […] дальше »

2021-12-7 01:00