The future of the GALA coin is in danger, so what is the story?
The cryptocurrency market never ceases to surprise us with its unusual events. In the latest incident, Gala Games, an alternative currency that received great attention from Turkish investors, became the center of a strange controversy on the Binance platform.
Gala Games (GALA) Lawsuit
Gala Games CEO Eric Schirmer and co-founder Wright Thurston have filed lawsuits against each other, accusing each other of various wrongdoings. Such administrative disputes are not uncommon in the world of cryptocurrencies.
However, taking the matter to court and mutual accusations could negatively affect the future of GALA coin. As we delve deeper into the details of the allegations, we may see negative currency performance as the problem spreads and becomes more complex in the coming weeks.
Schirmeier accuses Thurston of illegally obtaining and selling the GALA coin worth $130 million. On the other hand, Thurston accuses Schirmeyer of wasting millions of dollars of company assets and engaging in fraudulent practices that harm the company.
Gala Games, one of the largest ecosystems in the web3 gaming industry, is now facing internal conflicts due to lawsuits between its founders. This accident may have serious long-term consequences