Galaxy Digital (GLXY), the financial company Digital Asset of Mike Novogratz, will pay 200 million dollars in regulation with the New York Attorney General Office (NYAG) concerning the collapse of the Terra-Luna ecosystem in 2022.
The company will pay $ 200 million in New York State for questions relating to its investment, its statements and public statements from Luna, which collapsed in May 2022, annihilating about 60 billion dollars in value, Galaxy announced on Friday.
Galaxy revealed the settlement as part of its latest results, which declared a profit of $ 174 million and $ 365 million for the fourth quarter and the full year of 2024 respectively, when the legal provision accumulated for the regulations with NYAG is included.
The company also concluded a 15 -year rental contract with the Component Component of Cloud Coreweave, by which it provides 133 MW of electricity for artificial intelligence and high performance IT in its Helios Data Center in western Texas. Galaxy plans to generate about $ 4.5 billion in income throughout the lease.
The benefit of the company amounts to $ 1.02 per action diluted.
GLXY shares closed 3.54% lower Thursday.
