HomeUncategorizedGala Games founders biff over $130M theft, corporate waste allegations By Cointelegraph

Gala Games founders biff over $130M theft, corporate waste allegations By Cointelegraph

September 4, 2023

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The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million worth of Gala (GALA) and the other alleging corporate waste.

On Aug. 31, Gala co-founders Wright Thurston and Eric Schiermeyer filed lawsuits against one another in a Utah District Court.

Excerpt from Schiermeyer’s suit against Thurston regarding the allegedly stolen GALA. Source: PACER
Highlighted excerpt from Thurston’s suit against Schiermeyer claiming the latter used Gala’s assets for personal gain. Source: PACER