Sunday , November 17 2024
Home / Tag Archives: gamefi

Tag Archives: gamefi

Gala Games Founders Feud Over Millions of Dollars Worth of Misused Tokens

Gala Games, the Web3 gaming startup behind mobile RPG Champions Arena and other ventures, was founded in 2019 and has grown steadily. Since then, a falling out has occurred between co-founders Wright Thurston and Eric Schiermeyer. Each controlled 50% of the company, and they are now fighting to remove the other from the board of directors. Schiermeyer accuses Thurston of the theft of company assets, while Thurston alleges Schiermeyer “sold off and wasted” millions of dollars...

Read More »