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BitGo seeks $100M+ from Galaxy Digital over merger termination

BitGo, a leading digital asset custodian, says it will seek over $100 million in termination fee damages from Mike Novogratz and Galaxy Digital Holdings Ltd.   A press release BitGo published on Monday noted that the crypto custodian viewed Galaxy’s earlier announcement that it had terminated their previously agreed acquisition deal as “improper. дальше »

2022-8-16 22:34


Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages

Galaxy Digital has announced that it’s backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of Palo Alto, California-based BitGo by digital asset investment firm Galaxy Digital has been canceled, ending one of the biggest acquisitions in cryptocurrency history. In […] дальше »

2022-8-16 21:44


Why Satoshi Nakamoto’s Impostor Craig Wright Must Pay $100M In Damages

The self-proclaimed Bitcoin inventor Craig Wright has been engaged in legal battles for years. One of the most prominent was the one carried out by Ira Kleiman, brother of Wright’s late partner David Kleiman, over the whereabouts of 1 million BTC mined by Satoshi Nakamoto, the pseudonym behind BTC’s creation. Related Reading | Only In […] дальше »

2021-12-7 01:00


Nexo sued for causing over $5 million in damages by 'unlawful' suspension of XRP payments

UK-based crypto loan provider, Nexo has been sued for allegedly causing over $5 million worth of losses by suspending XRP payments in December last year. This was after SEC accused Ripple of an allegeThe post Nexo sued for causing over $5 million in damages by 'unlawful' suspension of XRP payments appeared first on AMBCrypto. дальше »

2021-4-6 00:09


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Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T

A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after a company agent gave his sim card […] The post Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T appeared first on Bitcoin News. дальше »

2020-9-11 17:00


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Lawsuit Filed Against BitMEX in California’s Superior Court Now Public

BitMEX has a lawsuit on its hands. However, it seems unlikely that the case will be able to ascertain any damages from the exchange. In late April, a lawsuit was filed against BitMEX in the Superior Court of the State of California in San Francisco, The complaint has multiple counts levied against the exchange and […] The post Lawsuit Filed Against BitMEX in California’s Superior Court Now Public appeared first on BeInCrypto. дальше »

2020-5-14 09:39


Maastricht University Paid TA505 Hacker Group 30 BTC ($220k) To Unlock Ransomware

Maastricht University, located in the Netherlands has reported they became the victim of a ransomware attack that unfolded on December 24 and paid a BTC ransom. All the IT systems at the University have been pulled down and offline by officials for the damages and in efforts to be contained. The malware cyberattack was the […] дальше »

2020-2-7 22:30