Cryptocurrency News

Galaxy Digital terminates BitGo acquisition, citing breach of contract

2022.08.16 04:06

Galaxy Digital terminates BitGo acquisition, citing breach of contract
Galaxy Digital terminates BitGo acquisition, citing breach of contract

After more than a year of efforts to acquire the digital asset custodian BitGo, Mike Novogratz’s cryptocurrency investment firm Galaxy Digital has decided to drop the acquisition.

Galaxy has terminated the BitGo acquisition, citing a breach of contract, the firm officially announced on Monday.

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