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May 26, 2024

BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court

BitGo, a leading digital asset security platform, has received permission from the Delaware Supreme Court to proceed with its $100 million lawsuit against Galaxy Digital, a diversified financial services firm dedicated to the digital asset, cryptocurrency, and blockchain technology industry. The lawsuit alleges various forms of harm and damage caused by unfair competition and a breach of fiduciary duty. The decision by the Delaware Supreme Court means the lawsuit can now move forward to a pre-trial phase.