Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations … Read more
The New York Attorney General has reached a $200 Million Settlement with Galaxy Digital in response to the collapse of LUNA in 2022. The $200 million will be paid over three years, starting with $40 million in two weeks. This follows a similar settlement by the SEC, which reached an agreement with a subsidiary of … Read more
Michael Novogratz’s Galaxy Digital has agreed to settle a LUNA market manipulation case brought by the New York Attorney General’s Office. On Thursday, March 27, Galaxy Digital agreed to pay an undiscounted $200 million fee to settle claims that all the while it was promoting the ill-fated LUNA token, it was offloading its holdings without … Read more
Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will pay $200 million as a settlement with the New York Attorney General’s (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022. The firm will pay $200 million to the State of New York for matters relating to its investment, trading … Read more
The Terra Luna Classic (LUNC) community, known for its robust engagement and commitment to the platform’s growth, is currently contemplating a change in its staking model. This deliberation is influenced by the insights shared by the popular LUNC advocate, the Crypto News Portal on X, which stated that the existing staking model might be hampering … Read more
Dubai, United Arab Emirates, February 6th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, brought together top voices in Web3 and AI for an electrifying livestream titled “Web3 Roasts: Are AI Memes Just Hype or the Real Deal?”. The event was an engaging mix of debate, humor, and myth-busting, as participants defended … Read more
United States, 4th Feb 2025 – Luna Light Studios, a premier provider of bespoke lighting solutions, is proud to announce its expansion as a global leader in the industry. With an unwavering commitment to artistry, design, and craftsmanship, Luna Light Studios continues to redefine the way spaces are illuminated, bringing elegance and sophistication to homes and … Read more
LUNC News: Terra Luna Classic community’s recovery efforts hit roadblocks as the broader crypto market took a downturn, with traders reconsidering market activity ahead of Donald Trump’s inauguration on January 20. Here are key developments making buzz in the Terra Luna Classic community. Terra Luna Classic Forks Removal Software Upgrade Blockchain developer Orbit Labs announced … Read more
Alleged crypto crook Do Kwon pleaded pleaded not guilty in a New York court Thursday to U.S. criminal charges over the 2022 collapse of the Terra crypto ecosystem, following his extradition earlier this week from Montenegro. Feds hit the 33-year-old disgraced tech entrepreneur with nine criminal counts, including securities fraud, wire fraud, commodities fraud, and … Read more
A proposal to relaunch the Terra blockchain has passed with a wide margin of 65.5% votes in favor. The new blockchain is called LUNA 2.0 and will come into existence in the next two days, this May 27. As per the Terra Ecosystem Revival Plan, at least 200 million voted in favor of relaunching the … Read more