# Galaxy Digital Reaches $200M Settlement Agreement With NYAG

*Author: Bankless*
*Published: Mar 28, 2025*
*Source: https://www.bankless.com/fr/read/galaxy-digital-reaches-200m-settlement-agreement-with-nyag-over-luna-investments*

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Galaxy Digital has reached a $200M settlement with NYAG over Terra-Luna investments, as the firm pivots to AI partnerships for future growth.

## **What’s the Scoop?**
- **Undisclosed Sales:** Galaxy Digital promoted Luna to the public while simultaneously selling its holdings without disclosing these sales, resulting in substantial profits. ​
- **Settlement Terms:** The $200 million penalty will be paid over three years, with the first $40 million due within two weeks. ​
- **Regulatory Impact:** This settlement underscores increased regulatory scrutiny in the cryptocurrency sector, particularly concerning transparency and disclosure practices. ​
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