Odaily Planet Daily News Cryptocurrency financial services company Galaxy Digital announced a $200 million settlement with the New York Attorney General's Office to settle its investigation into the collapse of the Terra-Luna ecosystem in 2022. Under the terms of the settlement, Galaxy will be responsible for its investments, transactions and public statements in LUNA tokens.
At the same time, Galaxy disclosed its 2024 financial report showing that the company achieved a net profit of $174 million in the fourth quarter and a full-year profit of $365 million (including settlement reserves). The company also announced a 15-year power supply agreement with cloud computing company CoreWeave, which will use its Helios data center in Texas to provide 133 megawatts of power to support AI and high-performance computing businesses, and is expected to generate $4.5 billion in revenue during the agreement period. (CoinDesk)