The filing was made in Utah with Salt Lake City as the intended venue for the suit. By Rochelle Manalo Updated: 09 January 2023 Disclosure Join Our Telegram channel to stay up to date on breaking news coverage This week, GALA had a pump. 679215 Registered office: 1 London Bridge. Gala Games' native token, GALA, stumbled after the blockchain-based gaming platform Gala Games deleted a tweet announcing a partnership with A-list. ©News Group Newspapers Limited in England No. Those actions also have caused and threaten to continue to cause damage to the rights and interests of True North and various other minority shareholders arising under the Founders Agreement and from its position as a 44.762% shareholder of BGP.” In a dramatic escalation of internal conflicts, Eric Schiermeyer, CEO of Gala Games, and Wright Thurston, the company’s co-founder, have filed lawsuits against each other, sending shockwaves through the blockchain gaming community. CRYPTO KEEPER Gala Games vs The Sandbox vs Decentraland: Which is the top metaverse game. The filing goes on to state that “Schiermeyer’s actions have been ongoing and have seriously damaged - and threaten to further damage - BGP. Keeping True North's manager and BGP director, Wright Thurston, in the dark with incomplete and inaccurate financial information and refusing to provide complete financial records BREAKING NEWS: Gala Games has finally launched their own blockchain called GYRI (the blockchain formerly-known-as Project Gala Chain).Schiermeyer positioning himself as the controlling shareholder by establishing entities in Switzerland and Dubai.Schiermeyer using BGP funds for personal purposes including loans worth millions of dollars made to himself.However, major cryptocurrency exchange has decided not to support the transition. 11 hours ago &0183 &32 Indias individual position on crypto has been under further scrutiny since it steered the G20 towards endorsing a global framework for crypto.

Directing BGP to burn $600 million in tokens Gala Games, a Web3 gaming startup, is set to launch an upgraded GALA token on May 15 through an airdrop to existing token holders.

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