Home Bitcoin Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million

Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million

by Katherine Dowd



Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations […]



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