If you want detailed information, Cryptostache went through everything on a recent Twitter Spaces, and you can read more in-depth articles at Bitcoinist and Coin Telegraph. However, it now appears that they had a very valid reason!Īnd that’s really only a very, very basic explanation. At the time, many were blaming Coinbase for being stubborn for no apparent reason. The allegations in these lawsuits are pretty crazy, and possibly correct by both sides! Basically, Eric accuses Wright of misuing GALA token and NFTs for his own personal gains, while Wright alleges that Eric overstepped his bounds by moving tokens from the company wallet and also by locking him (Wright) out of the GALA V2 token swap.Īnd, it fact seems increasingly likely that the whole impetus behind the release of GALA V2 was due to this internal strife! And thus it makes more sense thar Coinbase refused to join in the upgrade process, instead simply delisting the GALA token entirely. And as you might expect, there is a lot that is revealed by these lawsuits and a lot that we still don’t know. Whenever two co-founders of a company sue each other for hundreds of million dollars, it’s generally not a good sign. This has been quite a week for news from Gala Games, but probably not in the way that they want! In short, the two co-founders of Gala Games Eric Schiermeyer and Wright Thurston, are filing lawsuits against each other, alleging various improprieties in regards to the company and its GALA token! What’s the Play-to-Earn Business Model? expand_more.What is Learn and Earn Crypto? expand_more.How to Get Started in Play-to-Earn expand_more.The Sandbox Review & Crypto Game Guide expand_more.Spider Tanks Guide: How to Play, Features, Pros and Cons expand_more.

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Gala games founder