A digital asset company is suing for at least $100 million over an abandoned $1.2 billion merger, apparently bringing the largest-ever termination fee to the Court of Chancery by a cryptocurrency company.

In a complaint made public Thursday, California-based BitGo Inc., represented by Abrams & Bayliss and Quinn Emanuel Urquhart & Sullivan, claimed Galaxy Digital Inc. blamed BitGo’s accounting practices for breaking a $1.2 billion deal when Galaxy was no longer able to afford to close.

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