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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.
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