New York Attorney General Letitia James has finalized a $200 million settlement with Galaxy Digital concerning its involvement in the 2022 collapse of #Terra/LUNA. The firm is accused of promoting #LUNA while covertly selling off its holdings, thereby playing a significant role in the token's downfall.
Galaxy Digital stands accused of breaching the Martin Act, a New York statute aimed at combating fraud. This law empowers the Attorney General’s Office with broad authority to investigate securities fraud and pursue civil or criminal actions against those who violate its provisions.
Galaxy Digital stands accused of breaching the Martin Act, a New York statute aimed at combating fraud. This law empowers the Attorney General’s Office with broad authority to investigate securities fraud and pursue civil or criminal actions against those who violate its provisions.
