Galaxy Digital Reaches $200M Settlement Agreement With NYAG Over LUNA Investments

Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will hisse $200 million as a settlement with the New York Attorney General’s (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022.

The firm will hisse $200 million to the State of New York for matters relating to its investment, trading and public statements of LUNA, which collapsed in May 2022, wiping out around $60 billion in value, Galaxy announced on Friday.

Galaxy disclosed the settlement as part of its latest earnings statement, which reported profit of $174 million and $365 million for Q4 and the full year of 2024 respectively, when the accrued yasal provision for the settlement with NYAG is included.

The company has also has entered a 15-year lease agreement with cloud-computing firm CoreWeave, through which it supply 133 MW of electricity for artificial intelligence and high-performance computing at its Helios veri center in West Texas. Galaxy expects to generate around $4.5 billion in revenue throughout the lease.

The company’s profit amount to $1.02 per diluted share.

GLXY shares closed 3.54% lower on Thursday.

İlginizi Çekebilir:Galaxy Digital Gets SEC Nod for U.S. Listing, Eyes Nasdaq Debut in May
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump’s Inauguration
Bitcoin Could Move $5K After White House Crypto Summit; ETH and SOL Volatility Likely: STS Digital
Bitcoin Nears $81K; XRP, ADA Slide as Traders Brace For Tariff War Ahead
FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Billions in BTC, ETH, XRP Flowed to Exchanges After Trump’s Reserve Plans
Kadinlar Nasil Kilo Verilir?
Kadinlar Nasil Kilo Verilir?
İvedik Oto Tamir | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.