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Galaxy's Novogratz and BitGo face off in court over $100 million claim: Bloomberg

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The Block Editorial
(12:22 AM UTC)
1 min read
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Updated bySarah Chen
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Roughly four years after Galaxy Digital planned to acquire BitGo, the two crypto firms faced off in court this week as their legal battle over the failed merger drags on, according to Bloomberg.

BitGo is requesting that Galaxy, ran by billionaire CEO and founder Michael Novogratz, pay at least $100 million for backing out of a transaction once worth $1.2 billion. In August 2022, Galaxy Digital…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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