WebAug 15, 2024 · BitGo says it will seek over $100 million in damages after Galaxy Digital announced the termination of its deal to acquire it. ... BitGo to Sue Galaxy Digital for Pulling Out of Acquisition Deal Galaxy Digital today said it would no longer acquire BitGo in what would have been a massive deal in the crypto world. BitGo is now suing. WebAug 15, 2024 · Galaxy Digital announced on Monday that it has canceled the $1.2 billion proposed acquisition of BitGo. BitGo reportedly failed to provide its audited financial statements for the year 2024 by the July deadline. The deal was originally announced in May 2024 in a bid to expand Galaxy's reach as a crypto-focused platform.
Gregory Johnson on LinkedIn: #digitalassets #crypto #imf …
WebSep 13, 2024 · BitGo Sues Novogratz’s Galaxy Digital for $100M After Scrapped Acquisition The digital asset custodian wants Galaxy Digital to pay up after terminating its planned purchase. By Andrew Hayward. Sep 13, 2024 Sep 13, 2024. WebAug 16, 2024 · BitGo, a California-based institutional digital asset platform established in 2011, announced its plans to take Galaxy Digital, a crypto-focused financial service company, to court after the latter dropped out of plans to acquire BitGo . The exchange of blog posts on the company's positions surfaced on August 15th. canebrake real estate athens al
Galaxy Digital to Buy BitGo in Crypto Industry’s First $1B Deal
WebMay 5, 2024 · At close, Galaxy will issue incremental shares to BitGo's shareholders in exchange for net digital assets. BitGo shareholders will own 10% of the pro forma new company, and Galaxy will retain most ... WebAug 15, 2024 · Galaxy Digital announced on Monday that it has canceled the $1.2 billion proposed acquisition of BitGo. BitGo reportedly failed to provide its audited financial … WebAug 15, 2024 · On Monday, Galaxy Digital said it was terminating a $1.2 billion deal to acquire crypto custodian and prime broker BitGo originally announced in May 2024. Galaxy said it won’t pay a termination ... fiske brothers refining co inc