Galaxy bought more than 18.5 million LUNA from Terraform in October 2020 at $0.22 per token, a nearly 30% discount to LUNA’s then-market price of $0.31 and began endorsing Luna,” the filing said.
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Galaxy to pay $200M to New York over alleged LUNA manipulation
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Galaxy Digital, as alleged in the settlement with the NYAG, made a deal with Terra Labs to purchase 18.5 million LUNA tokens at a 30% discount to the market price, vesting monthly over a year, in exchange for promoting the token
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