Gala Games founders biff over $130M theft, corporate waste allegations
1 min read
The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million worth of Gala (
Schiermeyer’s suit requested Thurston be removed as a Gala director and seeks various relief and damages payments including the return of the allegedly stolen GALA.
Thurston similarly requested that Schiermeyer be removed from Gala and sought at least $750 million in various damages and relief.
In March, the United States Securities and Exchange Commission sued Thurston, True North and another company he founded called Green United for selling investments in an allegedly fake crypto mining scheme.
Lawyers for Schiermeyer and Thurston were contacted for comment but did not immediately respond.
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