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BitGo Files $100M Lawsuit Against Galaxy Digital Over Allegedly Breaching Merger Agreement

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On the opening day of hodlonaut's case against Craig Wright in Norway, things took a turn when crypto Twitter took center stage. CoinDesk's nikhileshde explains more on State of Crypto, presented by trondao:

Cryptocurrency custody firm BitGo sues crypto financial services firm Galaxy Digital, alleging that the latter intentionally breached its $1.2 billion merger announced in May last year.

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the lawsuit. Plus, what to expect from Voyager’s bankruptcy hearing and the latest on the trial between Hodlonaut and Craig Wright.

 

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BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damagesBitGo continues developing new products despite merger issues with Galaxy Digital, launching the Wealth Management platform on Tuesday. 🚀 Thnks a millon. Why is no one talking about this!? 🚀 Thnks a millon
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BitGo confirms $100 million lawsuit against Galaxy Digital following merger breakdownIt added that the complaint should be accessible by the public shortly after 5 p.m. ET on Thursday. 🔥🔥 Why influencers hide this ?
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