Galaxy Digital reaches $200 million settlement with New York prosecutors over LUNA investment

According to CoinDesk, cryptocurrency financial services company Galaxy Digital has announced a $200 million settlement with the New York Attorney General's Office to settle its investigation related to the 2022 Terra-Luna ecosystem crash. Under the terms of the settlement, Galaxy will be held responsible for its investments, transactions and public statements in the LUNA token.
At the same time, Galaxy disclosed its financial report for 2024, showing that the company achieved a net profit of $174 million in the fourth quarter and a profit of $365 million in the full year (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 trillion watts of power to support AI and high-performance computing business. It is expected to generate $4.50 billion in revenue during the agreement period.