Galaxy Digital: New York Attorney General settlement (Mar 2025)
The New York Attorney General settled with Galaxy Digital on March 27, 2025, according to the agency’s own announcement.
- Date
- Agency
- NY AG
- Action
- Settlement
- Amounts (as stated)
- $200,000,000 in disgorgement, payable over three years
- Admission
- Neither admit nor deny
The NY AG found Galaxy bought Luna at a discount from Terraform and promoted it publicly while selling millions of tokens without disclosing its intent to sell, violating the Martin Act and Executive Law 63(12).
Money involved. $200,000,000 in disgorgement, payable over three years.
Admission. Neither admit nor deny.
Questions
What did the New York Attorney General say Galaxy Digital did?
The NY AG found Galaxy bought Luna at a discount from Terraform and promoted it publicly while selling millions of tokens without disclosing its intent to sell, violating the Martin Act and Executive Law 63(12).
How much is Galaxy Digital paying?
$200,000,000 in disgorgement, payable over three years.
See every action in the fintech and crypto enforcement tracker.
- Company (as named)
- Galaxy Digital Holdings Ltd.
- Category
- Crypto
- Agency announcement
- ag.ny.gov
- Sources
Source Link New York Attorney General announcement https://ag.ny.gov/sites/default/files/settlements-agreements/galaxy-digital-holding-ltd-et-al-assurance-of-discontinuance-2025.pdf timing https://ag.ny.gov/press-release/2026/attorney-general-james-calls-congress-preserve-states-ability-protect-americans
Source: the agency’s own press release, litigation release, order or complaint, linked on each record. Charges are allegations; a company is not liable unless a court or agency finds it so.