The chain game sector has not yet risen again, but the two major game platforms #Treasure #GalaGames have been caught in the token sale controversy. At the beginning of this year, $GALA and $MAGIC both increased more than 3 times, and have now fallen to around the price at the beginning of the year.
Last week, the Treasure community revealed that the team sold $MAGIC tokens at 50% of the market price through OTC, and the whales were also selling. Later, Lianchuang responded that the traders were not from the team, and the traders conducted OTC transactions due to management and accounting reasons. Out of respect and privacy reasons, specific information will not be disclosed for the time being.
At the end of August, it was revealed that Gala Games CEO and Lianchuang were suing each other. Its CEO claimed that Lianchuang stole 8.6 billion $GALA in early 2021 and sold it on CEX to cash out more than $130 million. He also pointed out that other companies founded by Lianchuang were also insolvent. Or lawsuit; Lianchuang accused the CEO of taking control of Gala for himself, harming the interests of shareholders and investors, and using company funds for personal consumption.