Galaxy Digital, as alleged in the settlement with the NYAG, by March 2022 made over $100 million by promoting and at the same time selling LUNA tokens without disclosing their actions
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Mar 1, 2022 - 12:00am
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Galaxy reportedly bought 18.5 million LUNA tokens at a discount and sold most of them in tranches, making over $100 million by March 2022
Ultimately, Galaxy helped a little-known token increase its market price from $0.31 in October 2020 to $119.18 in April 2022, while profiting in the hundreds of millions of dollars,” the NYAG claims.
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