Gala Games Co-Founders File Lawsuits Against Each Other Seeking Millions in Damages

Gala Games Co-Founders File Lawsuits Against Each Other Seeking Millions in Damages

The gaming industry is no stranger to controversy, and the latest news coming out of Gala Games is no exception. Recently, the co-founders of Gala Games have filed lawsuits against each other seeking millions in damages. This has caused a stir among the gaming community, as the two co-founders were previously seen as a successful team.

Gala Games is a blockchain-based gaming platform that allows users to play games and earn rewards. It was founded in 2018 by Eric Schiermeyer and Nicholas Thomas. The two had a successful partnership until recently, when Schiermeyer filed a lawsuit against Thomas, alleging that Thomas had misappropriated funds and committed fraud. Schiermeyer is seeking $25 million in damages.

Thomas has since filed a countersuit against Schiermeyer, claiming that Schiermeyer had breached their agreement and was trying to take control of the company. Thomas is seeking $50 million in damages.

The legal battle between the two co-founders has caused a great deal of uncertainty for Gala Games. The company has been forced to suspend its operations while the lawsuits are being resolved, and many of its users are concerned about what will happen to their rewards and investments.

It remains to be seen how this legal battle will play out, but it is clear that it has caused a great deal of disruption for Gala Games and its users. It is also a reminder that even successful partnerships can be fragile, and that disagreements between co-founders can have significant consequences. As the legal battle continues, it will be interesting to see how it affects the future of Gala Games and the gaming industry as a whole.