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Financial services and investment management firm Galaxy Digital on Monday announced it has terminated the $1.2 billion acquisition of digital asset trust company BitGo as it failed to provide audited financial statements for the year 2021. Galaxy Digital Terminates $1.2 Billion Acquisition of Crypto Firm BitGo, Here’s Why. ....
The Department of the Treasury is reportedly investigating crypto exchange Kraken on suspicion that it permitted Iranian users to use the site's services in violation of federal sanctions. [.] ....
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