📰✅ BitGo’s $100M Lawsuit Against Galaxy Digital Gets Green Light.
The Delaware Supreme Court has revived BitGo's $100 million lawsuit against Galaxy Digital, overturning a lower court's dismissal. 🧑⚖️
The lawsuit stems from a failed $1.2 billion merger, with BitGo accusing Galaxy of breaching the agreement. The court found the merger agreement's language ambiguous, allowing BitGo to present more evidence. 📜
Originally filed in August 2022, the lawsuit claims Galaxy improperly terminated the deal due to BitGo's alleged failure to provide audited financial statements.📄
