Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Benzinga

Business

Murtuza Merchant

Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions

FTX Luna Galaxy Digital Crypto Sam Bankman-Fried Galaxy Galaxy Digital Holdings Ltd Alameda Research Amber Group FTT

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC:BRPHF) revealed it has a $76.8 million exposure to the beleaguered cryptocurrency exchange, out of which $47.5 million is currently being withdrawn.

It already hasn't been a great 2022 for Galaxy and its CEO Larry Mike Novogratz. Galaxy Digital was an early backer of Terra and its cryptocurrency Luna and algorithmic stablecoin TerraUSD, both of which collapsed earlier this year.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Kentucky Measles Count Tops 100 After Seven Confirmed Cases Appear in Laurel County, Far From Western Hotspots

Kentucky Measles Count Tops 100 After Seven Confirmed Cases Appear in Laurel County, Far From Western Hotspots

Kentucky measles cases hit 104 after Laurel County confirmed seven infections. Who is most at risk, how to check immunity, and what comes next.

Pennsylvania announces sixth death in measles outbreak as case numbers rise

Pennsylvania announces sixth death in measles outbreak as case numbers rise

Latest fatality is unvaccinated woman, 39, with ‘underlying conditions’ but CDC still lists only two deaths nationwide

The Guardian - US

Ex-cop suspected of killing estranged wife and daughter in horrific family tragedy

Ex-cop suspected of killing estranged wife and daughter in horrific family tragedy

The Independent UK

Germany's Nuremberg Airport suspends flights after suspected aviation emergency

Germany's Nuremberg Airport suspends flights after suspected aviation emergency

Nuremberg Airport experienced a temporary flight suspension after receiving reports of a suspected aviation emergency. Police confirmed the aircraft from Corfu landed safely amid the investigation. Eurofighter jets accompanied the plane, ensuring safety during the landing process. Additionally, there were earlier reports of a possible drone sighting near the airport,…

The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

CDC Closes 2025–26 Flu Season with 198 Child Deaths as Early Activity Runs Highest on the West Coast

CDC Closes 2025–26 Flu Season with 198 Child Deaths as Early Activity Runs Highest on the West Coast

CDC data close the 2025–26 flu season at 198 child deaths as early activity runs highest on the West Coast. Who is most at risk now?

Zelenskyy says Ukraine received no intelligence from partners on incoming missile strike on Kyiv

Zelenskyy says Ukraine received no intelligence from partners on incoming missile strike on Kyiv

Ukraine received no early warning from its partners about a Russian missile strike on Kyiv, according to President Volodymyr Zelenskyy

The Independent UK

Related Stories

Top stories on inkl right now

Kentucky Measles Count Tops 100 After Seven Confirmed Cases Appear in Laurel County, Far From Western Hotspots

Kentucky Measles Count Tops 100 After Seven Confirmed Cases Appear in Laurel County, Far From Western Hotspots

Kentucky measles cases hit 104 after Laurel County confirmed seven infections. Who is most at risk, how to check immunity, and what comes next.

Pennsylvania announces sixth death in measles outbreak as case numbers rise

Pennsylvania announces sixth death in measles outbreak as case numbers rise

Latest fatality is unvaccinated woman, 39, with ‘underlying conditions’ but CDC still lists only two deaths nationwide

The Guardian - US

Ex-cop suspected of killing estranged wife and daughter in horrific family tragedy

Ex-cop suspected of killing estranged wife and daughter in horrific family tragedy

The Independent UK

Germany's Nuremberg Airport suspends flights after suspected aviation emergency

Germany's Nuremberg Airport suspends flights after suspected aviation emergency

Nuremberg Airport experienced a temporary flight suspension after receiving reports of a suspected aviation emergency. Police confirmed the aircraft from Corfu landed safely amid the investigation. Eurofighter jets accompanied the plane, ensuring safety during the landing process. Additionally, there were earlier reports of a possible drone sighting near the airport,…

The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

CDC Closes 2025–26 Flu Season with 198 Child Deaths as Early Activity Runs Highest on the West Coast

CDC Closes 2025–26 Flu Season with 198 Child Deaths as Early Activity Runs Highest on the West Coast

CDC data close the 2025–26 flu season at 198 child deaths as early activity runs highest on the West Coast. Who is most at risk now?

Zelenskyy says Ukraine received no intelligence from partners on incoming missile strike on Kyiv

Zelenskyy says Ukraine received no intelligence from partners on incoming missile strike on Kyiv

Ukraine received no early warning from its partners about a Russian missile strike on Kyiv, according to President Volodymyr Zelenskyy

The Independent UK

Our Picks

50 Cent Shades Kanye West and Jokes Rapper Can Do His Wedding 'If He Is Not Banned at the Time'

During a Today appearance, 50 Cent imagined Kanye West and Jay-Z performing at his wedding, while stressing that the event and any bookings remain hypothetical.

International Business Times UK

Miley Cyrus Admits She Wants Men to 'Hurry' During Sex Because She Doesn't Want To Look at Their Penises

Miley Cyrus's candid discussion of sex, attraction and her queer identity on Call Her Daddy has gone viral, prompting humour, criticism and debate across social media.

International Business Times UK

Man Shares 8 Non-Negotiables For How Men Should Treat Women, And Some Of His Rules Have People Talking

A man’s list of “non-negotiables” for how men should treat women has sparked a heated online debate, with some viewers calling the advice the “bare minimum” and others saying several rules feel “outdated.”

Billionaires love Trump’s AI rebrand

Trump and his tech bros want to turn us all into video game wallpaper

Shane Gillis Drew Backlash Over Joke That Women Dress Like 'Whores' as Dan Levy Responds

Shane Gillis faces criticism over his SNL monologue as Dan Levy calls out misogyny and urges men to challenge the objectification of women

International Business Times UK

WWE Raw: The Bloodline's Family Reunion Takes a Dangerous Turn as Solo Sikoa Joins The Usos Against 946

Carmelo Hayes made a surprise appearance on WWE Raw, joining The 946 to attack Solo Sikoa and The Usos and end their six-man tag team match without a winner.

International Business Times UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play