Galaxy digital, as part of the agreement with NYAG over it’s dealings in LUNA, neither admitted nor denied the allegations that it sold tokens while promoting them to the public without disclosure

Event date

Mar 28, 2025 - 12:00am

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Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200 million settlement with the New York Attorney General’s office over allegations it promoted the algorithmic cryptocurrency LUNA while quietly selling millions of tokens at a profit. The firm did not admit or deny the allegations.