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BitGo
BitGo Files $100M Lawsuit Against Galaxy Digital Over Allegedly Breaching Merger Agreement
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.
La firma de custodia de Cripto BitGo presenta una demanda de 100 millones de dólares contra Galaxy Digital por incumplimiento del acuerdo de fusión.
Galaxy había planeado adquirir BitGo por 1.200 millones de dólares.
Crypto Custody Firm BitGo to Sue Galaxy Digital, Owes a $100M Breakup Fee
Cryptocurrency custody company BitGo plans to sue Galaxy Digital for backing out of a planned $1.2 billion merger agreement. "The Hash" panel discusses the latest crypto legal battle as BitGo says it will seek $100 million in damages from Galaxy.
Eco CEO on Bitcoin’s Next Move After Briefly Topping $25K
Eco CEO Andy Bromberg discusses his outlook for bitcoin after the cryptocurrency briefly climbed above $25K for the first time since June. Plus, reactions to crypto-focused financial services firm Galaxy Digital abandoning its plan to buy crypto custody specialist BitGo.
BitGo to Sue Galaxy Digital For Abandoning $1.2B Merger Deal; Crypto Funds End Six-Week Inflows Streak
Crypto custody company BitGo plans to sue Galaxy Digital for backing out of the firm's $1.2 billion merger agreement. CoinShares reporting crypto funds had $17 million in outflows in the seven days up to Aug. 12, ending six consecutive weeks of inflows. Plus, European digital bank Revolut has been granted authorization to offer crypto services across the European Economic Area (EEA).
Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
Galaxy Digital, the cryptocurrency-focused financial services firm run by noted investor Michael Novogratz, is walking away from its plan to buy BitGo, saying the crypto custody specialist failed to provide financial statements by a deadline of July 31. "The Hash" panel discusses the latest story turning heads in the crypto community.
La firma de custodia de Cripto BitGo demandará a Galaxy Digital por abandonar un acuerdo de fusión de 1.200 millones de dólares.
BitGo dijo que Galaxy le debe 100 millones de dólares en concepto de indemnización.
Galaxy Digital abandona su plan de 1.200 millones de dólares para adquirir la firma de custodia de Cripto BitGo
El acuerdo de 1.200 millones de dólares se anunció en mayo de 2021 y se esperaba que se cerrara a finales de ese año.
New Models for Market Making, Custody and Other Institutional Demands
Mike Belshe, Co-founder and CEO of BitGo and Christine Moy, Managing Director at Apollo Global Management, join Wintermute Founder and CEO Evgeny Gaevoy at Consensus 2022 to discuss how the crypto market has changed and the impact of macroeconomics on the industry. Moderator: Noelle Acheson, Head of Market Insights, Genesis Trading