Ethereum World News
2022-08-15 17:36:18

Crypto Custody Platform BitGo Is Suing Galaxy Digital For Terminating The Merger Agreement

Galaxy Digital had earlier terminated its merger agreement with BitGo citing the platform’s inability to show audited financial statements of 2021. BitGo responded to the Galaxy’s decision to terminate the acquisition by stating that it’s suing Galaxy for its actions,followed by seeking $100 million in damages   The deal was earlier announced in may, which was supposed to close by the end of this year.  The Galaxy Digital+BitGo controversy is gaining momentum, as the crypto custody platform has finally released a […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.