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Ready Games and its subsidiary are in dispute, Gibraltar court freezes $7 million worth of PLAY tokens

Ready Games and its subsidiary are in dispute, Gibraltar court freezes $7 million worth of PLAY tokens

CointimeCointime2025/02/14 03:33
By:Cointime

 according to Cointelegraph, the Supreme Court of Gibraltar has ordered the freezing of approximately 440 million PLAY tokens (about 7 million US dollars), which accounts for about half of the circulating supply. This is due to a legal dispute between the US Web3 gaming company Ready Games and its Gibraltar subsidiary Ready Maker and its CEO Christina Macedo. Ready Games founder David Bennahum stated that the subsidiary violated the trust agreement by falsely claiming ownership of the company and PLAY tokens.

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