First case – True North United Investments is suing Eric Schiermeyer, the president and a director of Gala Games. The suit alleges corporate mismanagement, misuse of funds, and shady business practices
Eris is being sued for Wasting company assets, Personal loans, bad financial management, lack of transparency and a few other charges. The lawsuit aims to remove Eric from being a director and reverse the damage he’s done.
Second case – Eric claims true north and Thurston allegedly stole billions of GALA tokens from Gala Games. Not only the tokens, but also gala nodes.
Relevant info –
The U.S. SEC also sued Thurston for another case of fraud involving “Green Boxes” that falsely claimed to mine an energy-efficient crypto token.
Source –
https://twitter.com/Timnologynl/status/1697917580223164510?t=h84ZBfStsh1fFpTYhF5hnw&s=19
https://twitter.com/Timnologynl/status/1697919364098322451?t=K3qEztQmRpIQc7xilS-mVQ&s=19
submitted by /u/NaturephilicReaction
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