Gala Games Co-Founders Sue Each Other Alleging Corporate Waste, $130 Million Theft
The co-founders of Gala Games are at loggerheads, with rival lawsuits accusing each other of theft or corporate waste that cost the company a nine-digit sum.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Mystery $106 Million Crypto Theft Hits EU Entity Days After Binance Hack
Onchain investigator ZachXBT says an unidentified EU entity lost more than $106 million from centralized exchange accounts on Sund...
Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million
Bitcoin Magazine Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near...
Binance Publishes Zero-Knowledge Reserve Proof for BTC, ETH and 8 Other Tokens After Hack
Binance said on Nov. 2 that it has finished the full zero-knowledge proof for its Oct. 31 proof-of-reserves snapshot, so anyone ho...
Suspected EU crypto theft estimate rises to $133M: ZachXBT
ZachXBT identified another $27 million in exchange withdrawals, some of which occurred after he first flagged the suspected crypto...
Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach
Brazil's largest crypto exchange Mercado Bitcoin confirmed earlier Monday a security incident and paused withdrawals.
Spiko Reports $2.38B in SAFO as Tokenized Cash Funds Reach Business Treasuries
TL;DR Spiko reported $2.38 billion in SAFO using October 23 data. The product uses a fund structure rather than a bank deposit. To...