Oprichters van Gala Games geven gehoor aan $130 miljoen gestolen fondsen

• Gala Games’ founders filed a lawsuit against one another in a Utah District Court on August 31.
• De twee leidinggevenden hebben elkaar beschuldigd van bedrijfsverspilling en het stelen van $130 miljoen uit hun portemonnee.
• Wright Turston beschuldigde Eric Schiermeyer ervan het bedrijf te runnen zonder inbreng van Thurston, een directeur van het bedrijf.
• Thurston has been accused of stealing $130M in a “complex web of obfuscatory transactions.”

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De mede-oprichters van Gala Games, een Web3- en blockchain-gamingplatform, zijn verwikkeld in een strijd over twee afzonderlijke rechtszaken, de ene beweerde de diefstal van bijna $130 miljoen aan GALA-tokens en de andere beweerde bedrijfsverspilling. Het gaming-token is de afgelopen uren bijna 9% gecrasht nadat de medeoprichters in de rechtszaal ruzie hadden gemaakt.

It is important to note that the co-founders of Gala Games, Wright Thurston and Eric Schiermeyer, filed a lawsuit against one another on August 31 in a Utah District Court. Interestingly, the gaming firm’s CEO, Schiermeyer, zogenaamd waarvoor Thurston en zijn investeringsmaatschappij True North United Investments begin 2021 verantwoordelijk waren stelen close to $130 million worth of a token tied to the gaming firm’s ecosystem.

Schiermeyer claims that Thurston moved the tokens to a wallet that was under the firm’s control, and later, the tokens were transferred to 43 other wallets by Thurston. When the CEO confronted Thurston regarding the movements, he stated that he was holding the tokens in his wallet for safety purposes. 

The lawsuit pointed out that the tokens were moved from the wallets and exchanged or sold in a “complex web of obfuscatory transactions” between September 2022 and May 2023. Interestingly, the lawsuit added that Thurston first did not acknowledge the presence of the tokens, while later adding that the GALA-tokens behoorde hem toe. 

On the other hand, Thurston is also accused of having stolen licenses to run Gala ecosystem nodes, selling the licenses, and keeping the proceeds. On the very same day, Thurston’s True North gearchiveerd a lawsuit against Schiermeyer, adding that he caused Gala to “sell off and waste millions of dollars in company assets” and lent millions of the firm’s funds to himself for personal purchases.

Interestingly, Schiermeyer is accused of operating the gaming platform without input from Thurston, who is a director at the firm, while giving incomplete or incorrect information and corporate records to Thurston “despite repeated requests.”

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