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Galaxy Digital Reaches $200M Settlement Agreement With NYAG

The settlement finds Galaxy was dumping on the public while promoting the investment.

Mar 28, 2025 • 1 min read

Galaxy Digital has reached a $200M settlement with NYAG over Terra-Luna investments, as the firm pivots to AI partnerships for future growth.

What’s the Scoop?

Undisclosed Sales: Galaxy Digital promoted Luna to the public while simultaneously selling its holdings without disclosing these sales, resulting in substantial profits.
Settlement Terms: The $200 million penalty will be paid over three years, with the first $40 million due within two weeks.
Regulatory Impact: This settlement underscores increased regulatory scrutiny in the cryptocurrency sector, particularly concerning transparency and disclosure practices.

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