Crypto Firm BitGo Wins Appeal in $100 Million Lawsuit Against Galaxy Digital
In a significant development in the cryptocurrency sector, BitGo has been granted an appeal in its $100 million lawsuit against Galaxy Digital. The Delaware Supreme Court has ruled in favor of BitGo by overturning a lower court’s dismissal of the company’s $100 million lawsuit against Galaxy Digital. The Delaware Supreme Court has reversed a previous decision that had thrown out BitGo’s $100 million lawsuit against Galaxy Digital. The decision will allow BitGo to
Cryptocurrency custody company BitGo is suing digital asset management and investment firm Galaxy Digital in a breach of contract lawsuit. BitGo filed suit against Galaxy in August 2025, seeking $100 million in damages and alleging that Galaxy “intentionally” breached its May 2025 merger agreement. The crypto custodian is seeking $100 million in damages.
BitGo subsequently filed a lawsuit against Galaxy seeking $100 million in damages. In response, BitGo responded by filing a lawsuit against Galaxy Digital, seeking $100 million in damages due to Galaxy’s failure to pay the reverse termination fee. 13 de sept. de 2025.
The Delaware’s Supreme Court has reversed a ruling from a lower court that dismissed a $100 million lawsuit brought by BitGo against Galaxy Digital following a failed merger. In his ruling, Laster said Galaxy had a “clean termination right” to the BitGo deal.