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Topic: BitGo is suing Galaxy Digital (Read 56 times)

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August 17, 2022, 03:39:38 AM
#1
BitGo is suing Galaxy Digital after it pulled out of a $1.2 billion acquisition deal.

According to a Galaxy Digital press release issued on Monday, the company has canceled its BitGo purchase plans, citing the deal's duration as "frustrating," but it still expects to go public.


According to Galaxy Digital, BitGo failed to submit the 2021 financial results as agreed in July. According to Galaxy, there are no expenses associated with the cancellation.

BitGo is suing Galaxy Digital after it pulled out of a $1.2 billion acquisition deal.

According to a Galaxy Digital press release issued on Monday, the company has canceled its BitGo purchase plans, citing the deal's duration as "frustrating," but it still expects to go public.


According to Galaxy Digital, BitGo failed to submit the 2021 financial results as agreed in July. According to Galaxy, there are no expenses associated with the cancellation.



Continue Reading: https://mycryptoparadise.com/bitgo-to-sue-galaxy-digital/
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