Galaxy Digital Settles with NYAG for $200 Million Over Luna Ties
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Galaxy Digital and its affiliates will pay $200 million to settle a New York attorney general's investigation into their involvement with the collapsed cryptocurrency, Luna. The New York Attorney General's Office said it found that Galaxy promoted and sold Luna to the public without disclosing its intent to sell its holdings, according to a regulatory filing. Galaxy said Friday it reached an agreement with the NYAG on Thursday.