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Crypto Merger Battle: Novogratz vs. BitGo
Published 2 days, 15 hours ago
Description
Mike Novogratz, Galaxy Digitals CEO, testified in court about a failed $1.2 billion crypto merger, blaming SEC regulations for the collapse. BitGo, the other party, counters that Galaxy backed out unfairly, seeking a $100 million payout. The dispute revolves around financial reporting and regulatory approval, highlighting the complexity of large crypto deals.
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