Cryptocurrencies

Gala Games Founders Clash Over $130M Theft and Allegations of Corporate Waste

The co-founders of the blockchain gaming platform Gala Games are embroiled in a legal dispute involving two separate lawsuits. One claim involves allegations of $130 million in stolen Gala (GALA) tokens, while the other pertains to accusations of corporate mismanagement.

On August 31, Gala co-founders Wright Thurston and Eric Schiermeyer initiated lawsuits against each other in a court located in Utah.

One of the lawsuits accuses Thurston of stealing GALA tokens, while the opposing suit contends that Schiermeyer misappropriated the company’s assets for personal benefit.

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