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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Gala Games Co-Founders Sue Each Other Over $130M Crypto Theft

Gala Games co-founders Eric Schiermeyer and Wright Thurston are suing each other, alleging Thurston stole $130 million in GALA tokens. Thurston has been sued by the SEC for fraudulent activities.

by Jessie A Ellis
Sep 03, 2023

CRYPTOCURRENCY

Gala Games Co-Founders Sue Each Other Over $130M Crypto Theft

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