Delaware Supreme Court Allows BitGo's Lawsuit Against Galaxy Digital to Move Forward

Friday, 24 May 2024, 20:26

The Delaware Supreme Court decision allows BitGo to proceed with a $100 million lawsuit against Galaxy Digital. The court reversed an earlier ruling that dismissed BitGo's lawsuit related to the failed $1.2 billion merger agreement with Galaxy Digital. This development opens up new legal avenues for BitGo in seeking resolution and justice in this case.
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Delaware Supreme Court Allows BitGo's Lawsuit Against Galaxy Digital to Move Forward

Delaware Supreme Court Revives BitGo's Lawsuit

Cryptocurrency custodian BitGo has been granted a new opportunity to pursue a $100 million lawsuit against financial services firm Galaxy Digital. The Delaware Supreme Court overturned a previous decision that had thrown out BitGo's legal action involving the failed $1.2 billion merger deal with Galaxy Digital.

Legal Battle Resumes

The ruling by the Delaware Supreme Court breathes new life into BitGo's case, allowing them to bring their grievances against Galaxy Digital back to court. This decision could have significant implications for both companies involved in the dispute.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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