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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