
Galaxy Digital to Pay $200 Million in NYAG Settlement Over LUNA Debacle
In a significant development within the cryptocurrency industry, Galaxy Digital, led by prominent figure Mike Novogratz, has agreed to a settlement with the New York Attorney General's office. The company will be paying a hefty sum of $200 million to resolve allegations linked to the controversial collapses of the Terra LUNA ecosystem, which faced tragic downsides in 2022.
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Galaxy Digital Appoints Point72's Paquette as New CFO
In a notable shift in leadership within the cryptocurrency and digital asset management sector, Galaxy Digital has reportedly announced the appointment of Chris Paquette, formerly of Point72, as its new Chief Financial Officer (CFO). This strategic move comes as Galaxy Digital continues to bolster its executive leadership in response to the evolving crypto landscape and to navigate the complexities of financial management in this innovative industry.
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Galaxy Digital's Experts Predict Bitcoin ETF Options Could Stabilize Market Volatility
In a recent analysis published by Galaxy Digital, a leading cryptocurrency investment firm, experts have shared insights suggesting that the introduction of Bitcoin exchange-traded fund (ETF) options could potentially reduce the volatility that has long characterized the cryptocurrency market. This development comes as the financial landscape for Bitcoin continues to evolve, particularly following the recent approval of several Bitcoin ETFs by regulatory bodies.
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Galaxy Digital Experiences Record Trading Day Amid Trump's Victory
In a surprising twist to the financial landscape, Michael Novogratz, the CEO of Galaxy Digital, announced that the company registered its biggest trading day of the year following the news of former President Donald Trump's electoral win. This event has sent shockwaves through both conventional markets and the cryptocurrency sphere, highlighting the significant interplay between politics and finance.
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