Galaxy Digital's plan to go public in the United States may be delayed again due to the Luna-related lawsuit.
According to a BlockBeats report on August 3rd, if a pending lawsuit related to Luna is deemed a class action, Canadian crypto investment company Galaxy Digital's plan to go public on Nasdaq may face new delays. The case was filed in December last year in the Ontario Superior Court of Justice, with the plaintiff accusing Galaxy CEO Mike Novogratz of making false statements about the company's risk in cryptocurrency before the Luna crash. Galaxy plans to defend against these allegations. Due to the possibility of new evidence emerging during the trial, lawyer Sean Masson of Scott & Scott stated that Galaxy Digital's efforts to go public in the United States may face further obstacles.