Galaxy Digital Faces Bitgo in Court Over $1.2 Billion Deal Gone Wrong

Galaxy Digital founder Mike Novogratz and Bitgo CEO Mike Belshe testified this week in Delaware Chancery Court over a failed $1.2 billion merger that collapsed in 2022, with Bitgo seeking at least $100 million in damages. Bitgo CEO Mike Belshe Challenges Galaxy Digital’s 2022 Merger Termination in Court The case traces back to May 2021,