New York Attorney General Reaches $200 Million Settlement with Galaxy Digital Over LUNA Collapse
The New York Attorney General has secured a $200 million settlement with Galaxy Digital related to the collapse of the cryptocurrency LUNA and the stablecoin TerraUSD during the 2022 crypto crisis. Galaxy Digital was found to have promoted LUNA's adoption in the U.S. before exiting its position with significant profits just prior to the market collapse.
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