Gala Games in Legal Battle Over Alleged Misuse of Cryptocurrency Funds!

The post Gala Games in Legal Battle Over Alleged Misuse of Cryptocurrency Funds! appeared first on Coinpedia Fintech News

Gala Games, a blockchain-based gaming platform, is facing a legal controversy between its CEO and co-founder. Eric Schiermeyer and Wright Thurston have filed lawsuits against each other, with Schiermeyer accusing Thurston of illegally obtaining and selling $130 million in GALA tokens. Meanwhile, Thurston accused Schiermeyer of wasting the company’s assets and engaging in fraudulent practices that harmed the platform. In response, Gala Games released a statement endorsing a commitment to protecting users and team members from harm and adding that the company’s growth and success remained a priority.